551A King StreetNewtown NSW 2042
Property Details for 551a King St, Newtown
Last Listing description (April 2025)
Embrace the location & lifestyle of this stand out "South End King Street" mixed-use property, a truly substantial offering in one of the best pockets of Newtown occupying a prominent corner position with maximum exposure facing King Street & Holmwood Street plus the rear lane. The property combines commercial, retail & residential spaces offering the clever buyer multiple income streams, flexibility & unmatched versatility & potential. The property benefits from strong transport links, high vehicle & foot traffic, immersed in a vibrant community & cosmopolitan retail hub attracting people from all walks of life. High-vis landmark corner block with rear lane.
- Tightly held in same family for over 50 years
- Exceptional shop front exposure
- Shop top large 3-bedroom flat
- High ceilings throughout, courtyard
- Scope to further capitalize with a modern make over
- Fully leased high demand investment with dual income streams
- Ideal for the savvy investor and/or future owner occupier operator
- 450m to St Peters Train station and Sydney Park
- 800m to Newtown train station & Enmore Road precinct
- Minutes to vibrant nightlife, bars, eateries, cafes along King St. & Enmore Rd
- 2km to M8 St Peters motorway interchange & only 5.2km from Sydney CBD
- Great opportunity to buy into one of the best properties on south end of King Street
Andrew Fanos 0408679986
www.firstnationalnewtown.com.au
Property History for 551a King St, Newtown, NSW 2042
- 17 May 2025Sold for $2,600,000
- 26 Mar 2025Listed for Sale Not Disclosed
- 27 Nov 2022Sold for $1
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 9,352 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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