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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