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121 King Street 657 - 1,313 SF of Retail Space Available in Newtown, NSW 2042
Highlights
- Surrounded by high-performing restaurants, bars, and lifestyle amenities
- Prime King Street frontage in Newtown’s busiest hospitality and retail strip
- Fully food-approved premises with upgraded kitchen infrastructure
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 657 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 657 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
Positioned in the vibrant heart of Newtown’s renowned King Street retail and dining precinct, this two-level commercial space offers a rare, fully food-approved opportunity for hospitality operators. Located near the intersection of King Street and Missenden Road and just steps from the Marlborough Hotel, the site benefits from exceptional pedestrian activity, strong local trade, and seamless public transport connectivity. The space is designed for immediate food service use, featuring an upgraded stainless steel range hood and exhaust system, an in-ground grease arrestor, and a three-phase power supply to support commercial kitchen operations. All fire safety upgrades have been recently completed, ensuring compliance and peace of mind for incoming tenants. Rear lane access with an on-site car space enhances operational efficiency, while the first floor provides flexible space ideal for additional seating, food preparation, office use, or storage. This versatility allows operators to maximize revenue potential and create a dynamic customer experience. Surrounded by a thriving mix of restaurants, bars, and specialty retailers, the property sits within one of Sydney’s most sought-after hospitality corridors. Newtown’s demographic profile—characterized by a younger population, high household incomes, and strong rental demand — further supports sustained foot traffic and robust consumer spending. With a long lease available (5 years plus a 5-year option), this property represents an outstanding opportunity for established operators or new entrants seeking a turnkey solution in a high-exposure Inner West location.
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,313 SF of adjacent space
- Smoke Detector
- Located on Newtown's King Street strip
- Ready to operate food opportunity
- Constant foot traffic
1st Floor
Positioned in the vibrant heart of Newtown’s renowned King Street retail and dining precinct, this two-level commercial space offers a rare, fully food-approved opportunity for hospitality operators. Located near the intersection of King Street and Missenden Road and just steps from the Marlborough Hotel, the site benefits from exceptional pedestrian activity, strong local trade, and seamless public transport connectivity. The space is designed for immediate food service use, featuring an upgraded stainless steel range hood and exhaust system, an in-ground grease arrestor, and a three-phase power supply to support commercial kitchen operations. All fire safety upgrades have been recently completed, ensuring compliance and peace of mind for incoming tenants. Rear lane access with an on-site car space enhances operational efficiency, while the first floor provides flexible space ideal for additional seating, food preparation, office use, or storage. This versatility allows operators to maximize revenue potential and create a dynamic customer experience. Surrounded by a thriving mix of restaurants, bars, and specialty retailers, the property sits within one of Sydney’s most sought-after hospitality corridors. Newtown’s demographic profile—characterized by a younger population, high household incomes, and strong rental demand — further supports sustained foot traffic and robust consumer spending. With a long lease available (5 years plus a 5-year option), this property represents an outstanding opportunity for established operators or new entrants seeking a turnkey solution in a high-exposure Inner West location.
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,313 SF of adjacent space
- Smoke Detector
- Located on Newtown's King Street strip
- Ready to operate food opportunity
- Constant foot traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,313 SF | Gross Leasable Area | 1,324 SF |
| Property Type | Retail | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Restaurant |
| Total Space Available | 1,313 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,324 SF |
| Parking Ratio | 0.75/1,000 SF |
About the Property
121 King Street Newtown 2042 is located on King Street retail and hospitality strip. The two-level commercial building is a ready to go food approved premise in a high exposure Inner West location. Located moments from the Marlborough Hotel and near the intersection of King Street and Missenden Road, the property benefits from constant foot traffic, strong local trade and excellent public transport connectivity.
- Storage Space
Nearby Major Retailers
Contacts
-
Andrew Bozza -
Emmanuel Loukis -
Belle Property Commercial - Inner West/City Fringe
Presented by
121 King Street
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