11/94 Alice Street, Newtown NSW 2042

Studio in refurbished boutique block | lockup garage potential income | quiet leafy outlook | between Metro and King St transport This unit presents a competitively strong proposition as a compact, modernised entry point into Newtown’s high-demand rental precinct. Its recent kitchen and bathroom upgrades, parquetry flooring, and secure building with intercom translate to low-maintenance appeal and immediate tenant readiness. The included lockup garage is a notable asset, offering either direct utility or a separable income stream, enhancing the investment yield. This property serves first-home buyers or investors seeking a straightforward, low-complexity holding in a transit-rich location, with all essential amenities consolidated. Proceed with the understanding that the 28sqm internal area imposes a natural ceiling on capital growth, appealing to a specific tenant demographic. Strata levies are manageable but a fixed operational cost. The primary opportunity is securing a high-rental-yield property in a perpetual demand corridor, where the garage can be leveraged to offset holding costs. Consider this a tactical buy-and-hold for cash flow, not significant appreciation. For a precise real market valuation, strata health check, and locality risk assessment, a PropCred report is advised.