44 Enmore RoadNewtown NSW 2042
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. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Other sold in Newtown in the last 12 months.
Last Listing description (July 2024)
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 leased for $700per 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
FSR: 1.5:1
Height Limit 14m
For more information, please contact the exclusive listing agents.
Property History for 44 Enmore Rd, Newtown, NSW 2042
- 05 Jul 2024Sold for $2,242,000
- 22 Apr 2024Listed for Rent $700 / week
- 20 Mar 2024Listed for Sale For Sale | Contact Agent
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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 9,381 properties. Over the last 5 years, Houses in Newtown have seen a 46.40% increase in median value, while Units have seen a 20.75% increase. As at 31 July 2024:
- The median value for Houses in Newtown is $1,874,722 while the median value for Units is $871,303.
- Houses have a median rent of $898 while Units have a median rent of $620.
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