419 King Street Newtown NSW 2042

First time offered in approximately 50 years is this great commercial retail space over two levels with rear lane parking for up to 2.

Situated on popular King Street with an original appealing frontage, high ceilings, character fit-out, spacious lower level retail space with storage, kitchen and bathroom and an upper level of 3 offices and a 2nd bathroom.

Currently leased to the one retail tenancy however there is an upside of potentially separating the upper to lower level to reach the potential of dual income.

This is a rare opportunity in Newtown with development upside. Conveniently located only a short stroll away from Newtown train station, Enmore Rd entertainment precinct, Sydney Park ,RPA Hospital and Sydney University not too far away.

• Zoning local Centre E1
• Land area approx. 181m2
• Floor area approx. 157m2
• Floor space ratio 1.5 to1
• Building height limit to 14 metres
• Development upside ( STCA )
• Rear lane access for up to 2 cars tandem
• Oversized courtyard
• Fantastic long term prospects

This property is offered by private treaty.

For further enquiries please contact Con Magias 0414 414 482 or Marcelo Araujo 0419 860 007