Opportunity to Refurbish & Add Value in Vibrant Inner West

Buyer's Guide $1,300,000

520 King Street

Newtown NSW 2042




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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

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