FOR SALE
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44 Enmore Road
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 167m2
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FIRST TIME OFFERED IN OVER 55 YEARS

A unique opportunity for an investor to secure a 2-level building in this highly sought-after and popular Inner West suburb. 44 Enmore Road, Newtown offers immediate income and enormous future development potential. Currently leased to an incredibly popular and well-established bar tenant. The property features a street level funky bar, upper level totally renovated 2 bedroom apartment with separate access, and it's perfectly located with direct frontage to Enmore Road's thriving lifestyle thoroughfare. Enmore Road has quickly become the trend of the Inner West surrounded by popular eateries, bars, Enmore Theatre and arty retail shops.
Shop, leased until September 2025. Commercial tenant wishes to stay on.
Upper level, currently vacant, potential rent approx. $725per week.
• High exposure position with direct Enmore Road frontage
• Invest now and secure your spot on the main road
• Dual income producing investment
• Fully renovated 2 bedroom upstairs apartment with separate access.
• Easy customer access with good public transport close by
Land Size: Approximately 167 sqm total
Zoning: E1 Local Centre
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Property Details for 44 Enmore Rd, Newtown

44 Enmore Rd, Newtown is a 2 bedroom, 1 bathroom Other. The property has a land size of 167m2. The place is currently for sale with Richardson & Wrench Newtown.

Building Type
Other
Land Size
167m2

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About 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 9,342 properties.

    There are currently 30 properties listed for sale, and 51 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Newtown.

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    Michael Xanthoudakis
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    Richardson & Wrench Newtown
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