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Back 185 King Street
Off Market

185 King Street

Newtown NSW 2042

2
151 m²
Other
Last sold for $2,370,000
Victor KellyVictor Kelly, last sold this property on 28 August 2015 after 28 days on market.

Overview

PRIME RETAIL KING ST NEWTOWN

A unique opportunity for an investor to purchase this valuable retail property with a frontage of 6.1 metres. Situated in Newtown’s dynamic shopping strip in an absolute prime position, being in the heart of King Street and surrounded by established traders including; cafes, restaurants, antique and art dealers, fashion boutiques, speciality shops, professional services, and lively Hotels. Located in close proximity to Sydney University, Royal Prince Alfred Hospital, Broadway, UTS, schools, parks and Sydney Central Business District (CBD). This valuable two storey retail building has pedestrian rear access and consists; Ground Floor, retail shop currently operating as “Local Store”, First Floor, fully self-contained 3 bedroom residence which can be rented separately. This quality offering is currently returning approx $130,568 per annum +GST.

Features

2 bathrooms
151 m² lot size
Other

Estimated Value

We need at least 3 similar other properties sold in Newtown over the last 12 months.

Property history for 185 King Street

2015
Sold
$2,370,000
Auction Sale on 28 Aug 2015 by Victor Kelly, of Kellys Property
2015
Sold
Undisclosed
Auction Sale on 19 Aug 2015 by Victor Negrine, of Richardson & Wrench Bondi Junction

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 other properties in Newtown

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