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For Sale: Shop, 480 King Street, Newtown, NSW 2042

Property
  • Appointed Receivers - Must be sold
  • Income: $185 000.00PA - 7 Years Lease
  • AAA Retail Location

A rare opportunity exists to secure a high-performing retail asset in the heart of Newtown, one of Sydney’s most dynamic and tightly held inner-west precincts, underpinned by strong fundamentals and a secure long-term income stream.
Newtown is renowned for its eclectic mix of retail, dining, and cultural amenity. KingStreet—often referred to as Sydney’s “eat street”—is a vibrant hospitality hub attractingconsistent foot traffic drawn to the area’s renowned food and lifestyle offering. Strongpublic transport connectivity, including Newtown Train Station and multiple bus routes,further enhances accessibility and tenant demand.


Prominently positioned with an expansive 10-metre street frontage, the propertycommands excellent visibility and branding exposure, benefiting from this high-energyretail environment. This level of frontage is seldom offered and significantly enhancesboth trading performance and long-term leasing flexibility.


Internally, the property is thoughtfully configured for hospitality use, featuring a well-balanced layout with substantial indoor dining complemented by attractive outdoorseating

The asset is securely leased to a well-established and proven restaurant operator on a 7-year lease, delivering a starting net income of $185,000 per annum. This providesinvestors with immediate cash flow and the confidence of a stable tenancy backed by anexperienced operator with a demonstrated trading history.


Offered for sale by appointed receivers, Wexted Advisors, at Public Auction, this transaction presents acompelling opportunity for purchasers to acquire a quality, income-producing asset.


Opportunities of this calibre—combining prime Newtown positioning, significantfrontage, secure long-term income and motivated sale conditions—are rarely brought tomarket and represent a compelling addition to any investment portfolio.

 

Financials: Per Annum
Water rates: $ 844.36
Council rates: $ 3130.50
Strata Levies: $ 18 873.00

Shop, 480 King Street, 

Newtown, NSW 2042

SHOP 480 King Street Newtown NSW 2042 - Shop Retail Property For Sale - realcommercial.jpeg

Price Information : SALE - Auction Tuesday 14 July 2026

Key Property Information

Land area : 273sqm

Floor area : 245 sqm

Car Spaces : 2

Parking info : 2 Carspaces

Property extent : Partial

Listing: SHOP, 480 King Street, Newtown, NSW 2042 - Shop & Retail Property For Sale - realcommercial