Philipp Tsiprin of The Agency is pleased to present 45 King Street, Newtown a rare opportunity to lease a fully renovated mixed use terrace (shop & residence) in one of Sydney’s most vibrant inner-city precincts. The property offers a total approximate area of 166.33 sqm.

Currently approved for restaurant use, the premises provide a genuine plug-and-play opportunity. Incoming tenants may negotiate the purchase of existing equipment directly with the current lessee under a separate agreement. The venue accommodates approximately 30 patrons indoors and 30 outdoors, offering a total capacity of around 60 (subject to council approval).

Ground Floor Approx. 122 sqm
The ground floor features a fully equipped commercial kitchen, cool room, grease trap, external laundry, patron amenities, and a private courtyard/patio leading to a dedicated undercover car space at the rear.
• Internal area: Approximately 67.63 sqm
• Rear pergola and courtyard dining: approximately 55.2 sqm
• Prominent King Street frontage with excellent exposure
• Functional and well-configured food and beverage layout

First Floor Approx. 43.5 sqm
The upper level comprises a spacious lounge, three rooms, and a modern bathroom, offering flexibility for office or residential use.
• Suitable for office, residence, or back-of-house functions (STCA)
• Ideal live-and-work configuration

Key Features
• Fully renovated mixed-use terrace
• One undercover rear car space (access via Campbell Street)
• Upgraded electrical wiring
• High ceilings throughout
• Fresh paint internally
• New carpet to upper level; tiled and vinyl flooring to restaurant areas; timber decking externally
• Updated lighting
• Safety glass installed to key glazing
• Cool room included
• Air conditioning units currently operational (not maintained or warranted by the lessor)

Location Highlights
• Prime King Street location surrounded by cafés, restaurants, and specialty retail
• Walking distance to Newtown and Macdonaldtown train stations with direct CBD access
• Excellent public transport connectivity including nearby bus services
• Close proximity to the University of Sydney
• Surrounded by green spaces including Camperdown Memorial Rest Park
• Positioned within a strong education catchment, including Moore College, Newtown High School of the Performing Arts & University Of Sydney

Rental:
$100,000 Per Annum + GST + approximately $8000 In Outgoings

This property presents a highly flexible opportunity for hospitality operators, retailers, or businesses seeking a combined work-and-lifestyle premises in one of Sydney’s most tightly held locations. For further information or to arrange a private inspection, please contact Philipp Tsiprin on 0498 388 338.

Disclaimer
All information contained herein has been provided by third parties and is believed to be accurate at the time of publication. Interested parties should undertake their own independent enquiries and satisfy themselves as to the accuracy of all details, including but not limited to areas, measurements, zoning, permitted use, and the condition of fixtures, fittings, and equipment. The Agency and Philipp Tsiprin accept no responsibility for any inaccuracies and provide no warranty as to the information contained herein.