OFF MARKET

301/228 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 1054m2
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Last updated 16 Dec 2024
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Property Details for 301/228 King St, Newtown

301/228 King St, Newtown is a 2 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 1054m2 and floor size of 71m2.

Building Type
Unit
Year Built
1997
Floor Size
71m2
Land Size
1054m2
Local Government
Sydney

Last Listing description (November 2021)

This stylish penthouse is set on the upper level of a state-of-the-art building. Enjoy the best that Newtown has to offer, but in a sleek designer haven that is ultra-private and unlike anything else on King Street. Featuring just five residences and crowned by a rooftop terrace capturing panoramic urban views, it offers a rare and limited opportunity with a prime lifestyle address. Situated moments away from shops, cafes, various eateries, RPA Hospital, Sydney University and public transport.

Features:

- Full bathroom
- Gas kitchen features stone benchtops and Bosch appliances
- Open living and dining with r/c air conditioning and covered balcony
- Quality finishes, sleek tiling, ceiling fans and floor-to-ceiling windows
- Separate internal laundry including dryer
- Two bedrooms each with mirrored built-in wardrobes
- Intercom security, lift access and communal rooftop terrace
- Residential entrance available via Brown Lane at the rear

Available: Now
Lease Term: 6/12 Months
No Pets Permitted

Please note: We will be practicing social distancing which will limit the number of people inside the property at one time

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Property History for 301/228 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Listed for Rent
$730/w
10 Oct 2019
  • 14 Oct 2021
    Listed for Rent $650 / week
  • 26 Jun 2019
    Listed for Rent $730 / week

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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 9,415 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.
There are currently 13 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

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