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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

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      avatar Dane Henrich
      Dane Henrich
      Sales & Leasing Consultant
      avatar Luke Smith
      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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