29/503-511 King StreetNewtown NSW 2042
Property Details for 29/503-511 King St, Newtown
Last Listing description (November 2020)
This well-equipped retail premises represents an excellent opportunity to acquire a fully food approved business space on Newtown's signature cafe and eatery strip. Featuring an extra-wide 8m King Street frontage, it is presented in good condition and features a generous open layout suitable for a range of uses. It is now ready to be fitted out and customised to suit your needs.
Featuring:
- 68sqm flexible open-plan space
- Exhaust ducting, extractor fans and air-conditioning unit
- Access to customer bathrooms and basement car park
- Polished floors, high ceilings and large street front windows
- Bus transport at the front door, walking distance to train stations
- On the doorstep of Newtown's cafes, dining and shopping scene
Property History for 29/503-511 King St, Newtown, NSW 2042
- 06 Aug 2025Sold for $938,000
- 05 Apr 2023Sold
- 20 May 2019Listed for Rent - Price not available
Recent sales nearby
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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 9,349 properties. Over the last 5 years, Houses in Newtown have seen a 2.75% increase in median value, while Units have seen a 6.78% increase. As at 31 July 2026:
- The median value for Houses in Newtown is $1,852,184 while the median value for Units is $888,538.
- Houses have a median rent of $990 while Units have a median rent of $675.
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