133 King Street, Newtown, NSW 2042

Positioned in one of Newtown's most active retail and hospitality pockets, 133 King Street presents a rare opportunity to acquire a substantial mixed-use freehold combining commercial income, residential accommodation and valuable rear access.

Held in the same ownership for almost 70 years, the property presents a rare chance to acquire a substantial King Street freehold that has not changed hands for generations.

The ground floor is occupied by Hunter Candles, a recognised Sydney brand with a strong national following, while the upper level comprises an oversized, freshly renovated two-bedroom apartment with generous living and dining areas, a large outdoor space and its own lock-up garage.

The building has been very well maintained throughout, with little to no immediate capital expenditure required. Importantly, there is also future upside in the ability to extend the ground-floor retail accommodation, creating scope to increase the commercial footprint and potentially enhance the income over time, subject to the relevant approvals.

Set on approximately 240sqm of land with an approximate 6-metre frontage to King Street, the property benefits from strong street exposure, rear-lane access and three off-street parking spaces, a particularly valuable combination in this tightly held location.

Only moments from Missenden Road and surrounded by leading hospitality operators including Café Paci, Bella Brutta and Mapo Gelato, the property sits within one of the most distinctive and well-visited sections of King Street. Sydney University, Royal Prince Alfred Hospital, Broadway and public transport are all within easy reach.

The offering provides a compelling investment with established income, a substantial residential component and clear scope to grow the commercial accommodation in the future, all underpinned by a significant freehold holding on one of Sydney's best-known retail strips.

Key Features
- Held in the same ownership for almost 70 years, presenting a rare chance to secure a long-held King Street freehold
- Approx. 240sqm landholding with a wide King Street frontage, combining established retail accommodation with an oversized, freshly renovated two-bedroom residence above
- Very well maintained throughout with little to no immediate capital expenditure required, allowing an incoming purchaser to acquire and hold with confidence
- Future potential to extend the ground-floor retail area and increase the commercial footprint and income stream, subject to relevant approvals
- Rear-lane access with three off-street parking spaces, including two servicing the commercial premises and a lock-up garage for the residence
- Positioned within a highly regarded dining and retail pocket close to Missenden Road, Sydney University, RPA Hospital, Broadway and key transport connections

Auction location: Auctionworks - 50 Margaret Street, Sydney NSW 2000