101 King Street Newtown NSW 2042

Exceptionally located in the heart of vibrant Newtown, this zoned mixed-use property provides a superb opportunity for numerous business, commercial or residential endeavours. Occupying a substantial 246sqm block on buzzing King Street, it features a generous lower level shopfront with a kitchen and bathroom, while the upper level comprises two oversized bedrooms. Complete with a sun washed balcony off the second bedroom plus rear lane access to a prized lock-up garage and car space, it is currently leased with consistent rental return, while there is the option for vacant possession.

Generous dual level residence on substantial 246sqm parcel and 7.5meter
frontage to King Street.
Zoned B2 Local Center
Large bedrooms, second bedroom opens to sun washed balcony
Original kitchen and bathroom, extensive internal storage
Lower level shopfront offers outstanding potential (STCA)
Presents exciting scope for retail/commercial endeavours
Exciting potential to re-create one brand new property
Rear lane access to a single lock-up garage plus car space
Shops, cafés, buses and popular eateries at the doorstep
Stroll to Carriageworks, Sydney University, Newtown Station

Outgoings, Council Rates $1,951.00 p/q, Water Rates $258.00p/q
50% Paid by tenant
(both approximates)

It is positioned within footsteps of shops, popular eateries, pubs and boutiques, while a stroll to Carriageworks, Sydney University, RPA Hospital and Newtown Station.