514 King Street Newtown, NSW 2042

• Retail and Residential Investment
• Retail Laundromat
• 2 Bed Apartment with King Street Access

Ray White Erskineville and X Commercial and are pleased to bring this fully leased mixed-use retail and residential property to market via auction.

The property sits on 125m2 of land with private lane access via the rear courtyard. The retail shop has a long-term laundromat tenant with a recently renovated 2 bedroom apartment above. Total building area is 160m2 (approx.). There's potential to value add with a second residential apartment or convert the retail and courtyard to a restaurant (STCA). 514 King Street is on the Erskineville side of the vibrant south King Street strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between Newtown Station (500m) and Sydney Park (650m).

• Retail and Residential Investment
• 2 Bed Apartment with King Street Access
• Zoned Local Centre B2
• Value-add Potential to Renew or Refresh
• Gross Floor Space 160sqm (approx.)

For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agents.

Timothy Gorring - Ray White Erskineville
0438 822 281

Tony Crane - XCommercial
0416 479 189