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638 King Street, Newtown, NSW 2042
Floor Area:
340sqm
Land Area:
151sqm
Auction
For Sale by Auction on the 28th November 2024
9-Room New Generation Boarding House Plus Shop in Prime Location
Newly completed and ready to start generating strong income, 638 King Street, Newtown is a four-level new generation boarding house, providing nine rooms for long or short-term accommodation plus one commercial tenancy.
Positioned on the border of Erskineville in the vibrant South King Street shopping strip and only moments from St Peters Train Station this is a versatile income producing investment located in one of the Inner West's strongest and most popular rental markets.
> Recently complete 9 room boarding house plus 1 commercial tenancy
> High quality finishes throughout with built-in WiFi, CCTV security and secure access to rooms, lockers and storage areas
> Joint access for residents to a full kitchen and dining area as well as a private outdoor garden
> Site area of approximately 151m2*
> Versatile and attractive investment with potential strong depreciation benefits for investors
> Ideally positioned within walking distance to transport links, educational establishments, hospitals with a range of popular amenities your doorstep including bars, restaurants, gymnasiums and more
638 King Street, Newtown will be sold at our Raine&Horne Commercial National Auction Event on the 28th November 2024.
*All amounts, areas and distances are approximate
Dane Henrich
Sales & Leasing Consultant
Luke Smith
Director | Licensed Real Estate Agent | Licensed Business Agent
Got a property to sell? Contact us for a free Request Appraisal
Auction:
Thursday 28 November at 10:30AM
Property Info:
- Property ID: L11211268
- Property Type:Retail
- Building / Floor Area:340 sqm
- Land Area:151 sqm
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Recently Sold