OFF MARKET

595 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 3m2
Land area: 228m2
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Last updated 11 Nov 2024
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Property Details for 595 King St, Newtown

595 King St, Newtown is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 228m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Floor Size
3m2
Land Size
228m2
Local Government
Inner West
Lot/Plan
B/DP443127

Last Listing description (September 2023)

Currently under construct completion due May 2021 -brand new retail space of approx. 100 sqm within a complex of 5 apartments. This retail shop offers superb exposure having a 6 metres frontage to King St. This property presents an exceptional leasing opportunity to showcase your business brand. Positioned in Newtown's premier retail strip, King Street is a popular destination for late-night entertainment, culinary delights, and fashion lovers. The property offers food & beverage operators an opportunity too good to surpass. Excellent position on King Street in south Newtown with high volume foot traffic and surrounded by well-established shops.

Shop Features

• Ducted reverse cycle air-conditioning
Grease Trap
Ducted mechanical ventilation
3 phase power
Male and female amenities, Common disable amenities
Coolroom or storage
Commercial bin room
1 secure parking
Rear lane access
Concrete floor
High ceilings
6 Metres frontage

Property History for 595 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,855,000
20 Feb 2016
Listed for Rent
$50k/w
31 Aug 2023
  • 31 Aug 2023
    Listed for Rent - Price not available
  • 11 Mar 2021
    Listed for Rent - Price not available
  • 19 Sep 2018
    Listed for Rent - Price not available
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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 9,306 properties. Over the last 5 years, Houses in Newtown have seen a 37.40% increase in median value, while Units have seen a 24.85% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $1,918,799 while the median value for Units is $905,213.
  • Houses have a median rent of $900 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Newtown.

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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.