537 King St 1,453 SF Retail Building Newtown, NSW 2042 For Sale

This dual-level property in the heart of Newtown presents a rare investment opportunity in one of Sydney’s most vibrant inner-west precincts. Positioned along bustling King Street, the asset combines a ground-floor retail space with a long-term tenancy and an upper-level one-bedroom apartment, offering immediate income and future upside. The property’s E1 Local Centre zoning provides flexibility for a range of commercial, creative, or residential uses, subject to council approval.
The ground floor features a spacious retail shop complemented by utility and storage areas, ensuring functionality for current and future tenants. Above, the well-appointed apartment includes a combined living and dining area, a neat kitchen, a bright bathroom, and two balconies - one offering sweeping views of the lively streetscape. High decorative ceilings, timber flooring, and picture rails add character and appeal.
Rear lane access to an off-streetcar space enhances convenience, while the property’s location ensures exceptional foot traffic and visibility. Surrounded by popular cafés, bars, and boutique retailers, and within walking distance to public transport and parklands, this property offers strong rental demand and long-term capital growth potential. Investors and owner-occupiers alike will appreciate the opportunity to secure a versatile asset in a thriving urban hub.