Positioned right in the heart of Newtown's vibrant King Street, this shop plus upstairs residence offers a range of options for both investors searching for immediate upside and owner occupiers. Opportunity to add value with a stylish refurbishment and then utilise as a home and income, work from home or a single or multi-tenanted investment (STCA).
Recently occupied by a vintage clothing store in a busy row of shops, the premises offers a great location for a creative agency, retail store or restaurant. It's set just steps from bustling cafes, bars, shops, buses and Newtown Station.
Versatile premises with B2 Local Centre Zoning
Multi-tenanted investment or home plus income (STCA)
Ground floor shop with polished concrete floors
Convert to a private access upstairs apartment (2Bed/1Bath) (STCA)
Separate rear pedestrian access to Angel Street
Sunny turfed courtyard includes a grease trap
Planning controls: FSR 1.75:1, 12m height limit
Previously leased at $50,000 p.a.
Opportunity to refurbish and maximise rental income
