115/88 King Street, Newtown, NSW 2042

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Under Offer

Under Offer

Perfectly positioned first home, bolthole, or investment

Located in the heart of Newtown this first floor apartment is set within one of the area’s first warehouse conversions and offers an ultra-desirable lifestyle opportunity amid the ever-energetic atmosphere that is on offer along King Street. A great entry level, city escape or investment opportunity.

- Currently tenanted, gross rental yield 6.3%

- Positioned at the rear of the building for added privacy and peace.

- Light-filled, air-conditioned apartment offering a tranquil retreat.

- Equipped with an intercom system and shared laundry facilities.

- Complex features a resort-style pool and entertaining area.

- Steps to Hollis Park, King Street’s dining, nightlife, boutiques and cafes

- Approx. 700m to Sydney University and The Royal Prince Alfred Hospital.

- Current rent: $430 per week. Expired lease.

- Council rates: $355 per quarter approx.

- Water rates: $178 per quarter approx.

- Strata rates: $1,890,27 per quarter approx.

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Property Info:
  • Property ID: L27404370
  • Property Type: Studio
  • Building / Floor Area: 25 sqm
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R&H Suburb Profile: Newtown

R&H Suburb Summary Houses
Number of sales 147
Average Price $1,954,145
Median Price $1,877,500
Median Rental Price $900 p.w.
Change in Rental Rate (5yr) 20 %
R&H Suburb Summary Units
Number of sales 154
Average Price $928,052
Median Price $818,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 35 %
Newtown, NSW - Median Trend
$1,877,500