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Investment Highlights

  • Fully leased co-living property featuring 19 modern studio apartments.
  • Converted heritage warehouse rebuilt in 2019 for minimal capex requirements.
  • Impressive proximity to lifestyle amenity, universities, transport, and major employment centres.
  • Premium Newtown location only 80 m from King Street’s 24/7 trade precinct.
  • Operated and managed by UKO, a leading Australian co-living platform, ensuring operational stability.
  • Positioned in one of Australia’s strongest-performing rental corridors with long-term growth fundamentals.

Executive Summary

Knight Frank proudly presents UKO Newtown Village, an exceptional and rare investment opportunity in the heart of Sydney’s Inner West. This market-leading co-living asset combines modern urban living with a heritage-rich setting, having transformed the former Sydney Confectionery Company warehouse into a premium residential concept.
Purpose-built and reconstructed in 2019, the building houses 19 fully self-contained studios, each designed with a modern kitchenette, private bathroom, and access to vibrant communal environments, including courtyards and shared social facilities promoting community engagement. The property operates under the highly regarded UKO co-living brand, which offers a turnkey management solution ensuring consistent occupancy, streamlined operations, and high resident satisfaction.
Strategically positioned a mere 80 metres from King Street, UKO Newtown Village benefits from unrivalled proximity to one of Sydney’s most active retail and dining corridors. The location enjoys excellent connectivity, with Newtown station, the University of Sydney, RPA Hospital, and key entertainment hubs such as the Enmore Theatre all within walking distance.
Currently 100% leased under the UKO management structure, the property provides reliable income security and exposure to one of Australia’s most competitive rental markets. With co-living demand accelerating, this landmark asset represents a future-proofed investment in a thriving, high-demand urban precinct.

Property Facts

Sale Type Investment
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 5,113 SF
No. Stories 2
  • Listing ID: 40517441

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 10-12 Egan St, Newtown, NSW 2042

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