At this address is a unit situated in 10/DP7637 Newtown NSW. In the council area Sydney, with 0 bedrooms and 1 bathroom.
SOLD BY TEAM KELLY 0419 212 810 A unique opportunity for an investor to purchase this refurbished three level retail/residential property situated in Newtowns dynamic King Street shopping strip.The unbeatable combination of retail and residential makes this property a solid and sound investment. The ground and lower ground floors contains; 4 restaurant seating sections, full commercial kitchen with grease trap and ducted ventilation. The restaurant features substantial dining space, excellent facilities, and a lock up garage with rear lane access. The first floor contains a separate design driven 2 bedroom apartment with open plan living area which flows to an entertaining deck. Features; sun room, sky-lit bathroom, gas kitchen and internal laundry.A solidly constructed building with concrete slab floors and being footsteps to buses, eateries, boutiques, and venues. Currently operating as a licensed wine bar/restaurant.This quality investment property is currently returning approx. $136,199 per annum + GST with annual rent increases of 4% per annum. NOTE ALL AREAS ARE APPROXIMATES.