59 Enmore Road,
Newtown, NSW 2042
Shops & Retail • Showrooms & Large Format Retail
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Sale - Auction Tue 14 May
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Laing and Simmons Commercial South East - EVELEIGH
Suite 10, Bay 5, 2 Locomotive StEVELEIGH, NSW 2015
04083853...
59 Enmore Road
Newtown, NSW 2042
Map of 59 Enmore Road
Train stations within 5 km of 59 Enmore Road, Newtown, NSW 2042 Distance Newtown Station 279 m Erskineville Station 980 m Macdonaldtown Station 990 m St Peters Station 1.1 km Stanmore Station 1.2 km POWERED BY HERE ©Tram stops within 5 km of 59 Enmore Road, Newtown, NSW 2042 Distance Glebe Station 2.6 km Lilyfield Station 2.9 km Rozelle Bay Light Rail Station 2.9 km Taverners Hill Light Rail Station 3 km Lewisham West Light Rail Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of 59 Enmore Road, Newtown, NSW 2042 Distance Enmore Theatre, Enmore Rd 121 m Enmore Rd at Phillip St 167 m Newtown Station, Enmore Rd, Stand A 229 m King St Before Whitehorse St 275 m Newtown Station, King St, Stand D 289 m POWERED BY HERE ©
POWERED BY HERE ©
Unrivalled Inner-City Gem Leased To Proven Hospitality Operator
Laing and Simmons Commercial have the pleasure of offering for sale by Public Auction 59 Enmore Rd, Newtown - a remarkable and highly sought-after opportunity for investors.
This prime freehold building is strategically situated along Newtown's main bustling arterial road, making it an ideal location for premium retail and hospitality ventures.
With a favourable B2 Zone the ground-floor retail premises is occupied by Kimusabi Sushi restaurant as well as a 4-bedroom apartment above with separate access.
Situated within the heart of Sydney's vibrant and trendy bohemian culture, a short stroll to an array of local shops, theatres, restaurants, music venues and nightlife but also to Sydney University, UTS and only moments to the heart of the Sydney Central Business District. There is a bus stop on the properties doorstep and Newtown Train Station is within 500 meters.
Key Investment highlights:
Mixed use freehold investment opportunity
Ground floor retail plus 4-bedroom apartment above
Retail currently tenanted by well-known restaurateur - Peter Varvaressos of Kimusabi Sushi, Greens Supermarket and Vandal Restaurant
Lease term: 5 years with a further option of 5 years
Current net rent: $325,495 per annum
Total Building area: 376 Sqm (approx.)
Land area 245 Sqm (approx.)
Favourable Local Centre B2 zoning which allows another floor to be built on top
Ground floor retail set up for food operation
Rear access with loading dock
Only minutes away from Newtown Train Station, countless restaurants, cafes & shops along King Street
This prime freehold building is strategically situated along Newtown's main bustling arterial road, making it an ideal location for premium retail and hospitality ventures.
With a favourable B2 Zone the ground-floor retail premises is occupied by Kimusabi Sushi restaurant as well as a 4-bedroom apartment above with separate access.
Situated within the heart of Sydney's vibrant and trendy bohemian culture, a short stroll to an array of local shops, theatres, restaurants, music venues and nightlife but also to Sydney University, UTS and only moments to the heart of the Sydney Central Business District. There is a bus stop on the properties doorstep and Newtown Train Station is within 500 meters.
Key Investment highlights:
Mixed use freehold investment opportunity
Ground floor retail plus 4-bedroom apartment above
Retail currently tenanted by well-known restaurateur - Peter Varvaressos of Kimusabi Sushi, Greens Supermarket and Vandal Restaurant
Lease term: 5 years with a further option of 5 years
Current net rent: $325,495 per annum
Total Building area: 376 Sqm (approx.)
Land area 245 Sqm (approx.)
Favourable Local Centre B2 zoning which allows another floor to be built on top
Ground floor retail set up for food operation
Rear access with loading dock
Only minutes away from Newtown Train Station, countless restaurants, cafes & shops along King Street
Property ID: 504565148Last Updated: 24 Apr 2024
Laing and Simmons Commercial South East - EVELEIGHSuite 10, Bay 5, 2 Locomotive St
EVELEIGH, NSW 2015
EVELEIGH, NSW 2015
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