Back 115/88 King St
Off Market

115/88 King St

Newtown NSW 2042

1
25 m²
Studio
Last sold for $337,000
Adam FreitasAdam Freitas, last sold this property on 11 September 2025 after 471 days on market.

Overview

Perfectly positioned first home, bolthole, or investment

Located in the heart of Newtown this first floor apartment is set within one of the area's first warehouse conversions and offers an ultra-desirable lifestyle opportunity amid the ever-energetic atmosphere that is on offer along King Street. A great entry level, city escape or investment opportunity. - Currently tenanted, gross rental yield 6.3% - Positioned at the rear of the building for added privacy and peace. - Light-filled, air-conditioned apartment offering a tranquil retreat. - Equipped with an intercom system and shared laundry facilities. - Complex features a resort-style pool and entertaining area. - Steps to Hollis Park, King Street's dining, nightlife, boutiques and cafes - Approx. 700m to Sydney University and The Royal Prince Alfred Hospital. - Current rent: $430 per week. Expired lease. - Council rates: $355 per quarter approx. - Water rates: $178 per quarter approx. - Strata rates: $1,890,27 per quarter approx.

Features

1 bathroom
25 m² floor area
Studio

Estimated Value

Based on this property and similar studios sold in Newtown over the last 12 months, the estimated median property value of 115/88 King St is $458k.

Median value
$458k
Estimated value range
$337k - $735k
Median days on market
35
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 115/88 King St

2025
Sold
$337,000
Private Sale/Treaty on 11 Sep 2025 by Adam Freitas, of Raine & Horne Newtown
2021
Rented
Undisclosed
Leased on 06 Jul 2021 by Raine & Horne Newtown
2018
Rented
Undisclosed
Leased on 20 Jun 2018 by Kellys Property

Happy sellers in Newtown

84%
84% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

Newtown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 79 reviews in Newtown over the last 12 months.

Local market activity for studios in Newtown

In the last 12 months, 15 studios similar to 115/88 King St, have been sold.

This represents a 128% decrease in studios sales when compared to the previous 12 months.

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