Affordable Inner West Essential Services Investment

Shop 1/617-623 King Street , Newtown NSW

Property Highlights

5 year lease to 2025
Busy King Street location
117 sqm property including 2 car spaces
Register to Bid

Description

Fixed 3% annual rental increases
Tenant pays outgoings, as per the lease
5 year lease to 2025 to one of Sydney’s leading retailers of dog & cat products
King Street renowned for bars, nightlife & shopping
High income suburb with above average retail spend
Nearby Sydney Park includes ‘off-leash’ dog areas
2 car parking spaces on title –lease the second for extra income
Net Income: $32,512 pa + GST

To be sold by Investment Portfolio Auction: 
11am AEST
Thursday 30 September
Bidding available via phone, online, in person at Hilton Brisbane, our Perth and Canberra state offices, and the offices of participating conjunctional agents. Registration essential.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
117 SQM
Building Area
89 SQM

Price

Contact Agent

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights