241 King StreetNewtown NSW 2042
Property Details for 241 King St, Newtown
Last Listing description (September 2024)
Situated in the heart of Newtown's vibrant suburb, surrounded by cafes, shops and local businesses. This versatile space is perfect for a variety of activities from pilates and yoga sessions to creative work environments or for your new professional office. Plus, the adjoining council car park ensures hassle-free accessibility for you and your clients.
Key features:
> First floor
> High ceilings
> Abundant natural light
> Exposed trusses
> Internal bathroom and kitchenette
> Air conditioned
> Council car park adjoining the building
> Fantastic signage opportunity
> Lessor works and additional amenities considered for suitable tenant
*Figures are approximate and subject to negotiation
Property History for 241 King St, Newtown, NSW 2042
- 06 Mar 2024Listed for Rent $65,000 / year
- 20 May 2020Listed for Rent - Price not available
- 02 Aug 2018Sold for $4,550,000
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0About Newtown 2042
The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.
Newtown has 9,387 properties. Over the last 5 years, Houses in Newtown have seen a 43.05% increase in median value, while Units have seen a 22.66% increase. As at 30 September 2024:
- The median value for Houses in Newtown is $1,935,468 while the median value for Units is $908,649.
- Houses have a median rent of $900 while Units have a median rent of $625.
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