121 King StreetNewtown NSW 2042
Property Details for 121 King St, Newtown
Last Listing description (April 2023)
Prominently located with great exposure to the north end of King Street, this well-presented restaurant and residential package is ready to occupy and offers enormous possibilities. It is presented in great condition and features a fully equipped restaurant, a two-bedroom upstairs apartment plus parking at the rear. It offers excellent value for money and enjoys a great location flanked by supporting businesses with easy access to Sydney Uni, RPA Hospital and transport options.
Features:
- Customer bathrooms and a commercial grade cool room
- Ease of access for customers with city buses at the front door
- Flanked by popular cafes, eateries and supporting businesses
- Flexible lease terms - endless possibilities
- Prime location within minutes to the heart of the CBD
- Secure car space/loading dock with access from the rear lane
- Street front retail space previously operating as a restaurant
- Upstairs apartment with two bedrooms and living area
Don't miss out and secure a private inspection by calling Philipp Tsiprin on 0498 388 338.
Property History for 121 King St, Newtown, NSW 2042
- 23 Dec 2021Listed for Rent - Price not available
- 24 Sep 2021Sold for $1,908,500
- 01 Jul 2021Listed for Sale AUCTION
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0About Newtown 2042
The size of Newtown is approximately 1.6 square kilometres. There are 18 parks, covering nearly 3.7% of the total area. The population of Newtown in 2016 was 15029 people. By 2021 the population was 14690 showing a population decline of 2.3% 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 2021, 40.70% of the homes in Newtown were owner-occupied compared with 38.50% in 2016.
Newtown has 9,345 properties. Over the last 5 years, Houses in Newtown have seen a 5.61% increase in median value, while Units have seen a 7.85% increase. As at 30 June 2026:
- The median value for Houses in Newtown is $1,863,587 while the median value for Units is $896,029.
- Houses have a median rent of $980 while Units have a median rent of $675.
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