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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
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
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