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  • 115/88 King Street, NEWTOWN, NSW 2042

115/88 King Street, Newtown, NSW 2042

  • 1 Bath

For Sale

For Sale | $350,000

Perfectly positioned first home, bolthole, or investment

Currently tenanted with a gross rental yield of 6.3%

Located in the heart of Newtown this first floor apartment is positioned at the rear of a converted warehouse, offering an ultra-desirable lifestyle that combines location and convenience. Light-filled and air conditioned, the apartment provides a peaceful environment despite being amid the ever-energetic atmosphere that is on offer along King Street.

The building is equipped with an intercom system for added security and shared laundry facilities for residents' convenience. Additionally, residents can enjoy the luxury of a resort-style pool and an entertaining area within the complex.

Enviably positioned with Hollis Park, King Street's vibrant dining and nightlife scene, fashion boutiques, cafes, and pubs just outside your door. Sydney University and The Royal Prince Alfred Hospital are approx. 700m walk away and 3.5km to the CBD.

Whether you are looking for a fantastic investment opportunity or a comfortable lifestyle retreat, this apartment ticks all the right boxes.

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avatar Adam Freitas
Adam Freitas
Partner
avatar Michael Harris
Michael Harris
Director

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Property Info:
  • Property ID: L27404370
  • Property Type:Studio
  • Building / Floor Area:25 sqm
We Know Your Area
R&H Suburb Profile: Newtown
R&H Suburb SummaryHouses
Number of sales185
Average Price$2,015,030
Median Price$1,800,000
Median Rental Price$900 p.w.
Change in Rental Rate (5yr)20 %
R&H Suburb SummaryUnits
Number of sales154
Average Price$851,081
Median Price$767,500
Median Rental Price$625 p.w.
Change in Rental Rate (5yr)30 %
Median Trend - $1,800,000
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