1 & 2/17 Erskineville Road, NEWTOWN
Secure Income | Leased to National Pet Care Operator (Kip Happy Stays)
Located just 200 metres from King Street and Newtown Station, this modern inner-west asset benefits from strong exposure to Erskineville Road, consistent pedestrian activity, and a tightly held cafe, retail and residential catchment.
Key Investment Highlights
• Net income: $245,316 p.a. (approx.)
• Lease term: 10 + 5 + 5 + 5 years (commenced 24 October 2022)
• Annual increases: CPI
• Strata area: 295 sqm (approx.)
– Lot 1: 160 sqm (approx.)
– Lot 2: 135 sqm (approx.)
• Modern strata development with prominent street frontage
• Zoned MU1 Mixed Use, Inner West Council
Why Invest?
• Securely leased to Kip Happy Stays, a national, multi-site pet care operator with a growing network of over 30 locations nationwide.
• Long-dated income profile with multiple renewal options, providing strong cashflow visibility.
• The tenant operates within the essential pet services sector, characterised by repeat usage and structural demand growth.
• Quality, purpose built fit-out and flexible configuration supporting long-term tenant retention.
• Prime Newtown / Erskineville location – a tightly held inner-city precinct with sustained demand from residents, workers and visitors.
• Surrounded by established daily trade including Woolworths, Tony & Guy and Erskineville Doctors
Opportunities of this quality and income profile are rarely offered within Sydney’s inner-city retail market.
*All measurements are approximate as shown in written copy, info sheet and on floorplans.
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