638 King Street, Newtown, NSW 2042

  • 340 sqm

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

Sales & Leasing Consultant
Director | Licensed Real Estate Agent | Licensed Business Agent

Got a property to sell? Contact us for a free Property Estimate

Auction:
  • Thu November 28 at 10:30AM
Property Info:
  • Property ID: L11211268
  • Property Type: Retail
  • Building / Floor Area: 340 sqm
  • Land Area: 151.0 sqm
alt text