114 King StreetNewtown NSW 2042
Property Details for 114 King St, Newtown
114 King St, Newtown is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 3107m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2023)
Ray White Commercial South Sydney is pleased to present 114 King Street Newtown for Auction.
Position your business for success in the heart of Newtown's bustling commercial scene with 114 King Street - a versatile and dynamic retail space that offers unparalleled exposure and convenience. Located near the prominent Missenden Road and King Street T-Section, this property welcomes you to become a part of the vibrant atmosphere that makes Newtown a destination for locals and visitors alike.
This property offers outstanding accessibility to Sydney's CBD, Sydney Airport, and major transportation routes including the M5 Motorway, and the newly completed M8 Motorway.
50sqm approx strata titled shop plus 2 secure parking
Vibrant location near Missenden Road and King Street T-Section
High ceilings and polished concrete floors
Kitchenette with ample storage
Currently leased, income $39,000 per annum plus GST*
Short walk to RPAH, Sydney University, Carriageworks
Nearby Macdonaldtown & Newtown train stations, buses on King Street
Versatile usage (STCA)
Contact:
Phillip Elmowy 0425 285 444 | p.elmowy@rwcss.com
Anthony Vella 0412 232 904 | a.vella@rwcss.com
*Approximately
Property History for 114 King St, Newtown, NSW 2042
- 12 Sep 2023Sold for $751,000
- 15 Aug 2023Listed for Sale Auction
- 18 Feb 2021Listed for Sale Not Disclosed
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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 9,415 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:
- The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
- Houses have a median rent of $900 while Units have a median rent of $640.
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