Savills are pleased to present 85-87 King Street, Newtown NSW to the market for sale via Private Treaty.

A rare opportunity to acquire two fully leased freehold buildings on separate titles in one of Sydney’s most tightly held inner-city investment precincts. Offering diversified income streams across retail and residential tenancies, the asset provides secure holding income together with long-term upside.

The property comprises two established ground-floor restaurant tenancies and four self-contained residential apartments above (2 x 2-bedroom & 2 x 1-bedroom units), generating a strong recurring income supported by multiple tenancies and strong underlying land value.

Positioned on the highly sought-after King Street retail strip, the asset benefits from exceptional exposure, consistent tenant demand, and a strategic location only moments from the University of Sydney, Royal Prince Alfred Hospital, and Sydney CBD.

Key Features

- Total site area: 372.7 sqm*
- Two fully leased freehold buildings on separate titles
- Diversified income stream from 2 retail and 4 residential tenancies
- Annual net income: $281,547* ex GST
- Potential annual net income: $341,867* ex GST
- Rare freehold investment in tightly held Newtown precinct
- Prime King Street position with strong pedestrian exposure
- Rear lane access with two lock-up garages
- Only 700-800m to the RPA Hospital, University of Sydney and 5km to Sydney CBD*
- Surrounded by Newtown’s vibrant retail, dining and entertainment strip
- Future redevelopment potential (STCA) for student accommodation, co-living or boarding house

*All figures are approximate.
**Subject to council approval (STCA)

For further information, please contact the exclusive sales agent.