FOR SALE
Newtown Street Facing Torrens Title Shop For Sale !

Contact Agent For Address
Newtown NSW 2042

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 192m2
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Fantastic Business Opportunity! Newtown Main Street Prime Shop for Sale!

Prime Location:
Situated on Newtown Main Street, facing the bustling main thoroughfare, this property boasts a convenient location with easy access, attracting a high volume of foot traffic.
Ample Parking:
Front-facing position with abundant parking spaces provides unparalleled convenience for customers, making the foot traffic impossible to ignore.
Irresistible Returns:
Investment returns are guaranteed! High-quality leases are already in place, ensuring a stable and appreciating investment.
Upstairs: 4-bedroom apartment with a 3+3 lease, annual growth of 3%.
Downstairs: Street-front shop with a 5+5 lease, annual growth of 4%.
Modern Facilities:
The shop is equipped with modern air conditioning, lighting, and ventilation facilities, enhancing its appeal to potential tenants or buyers.
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Property Details for Contact Agent For Address, Newtown

Building Type
Commercial
Floor Size
192m2

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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 9,316 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.
There are currently 33 properties listed for sale, and 54 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 333 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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Contact agent
Mel Xu
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Vincent Zhou
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Dentown Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.