Stone Real Estate is pleased to present Shops within Newtown's Retail Precinct for Sale.
A wonderful opportunity to acquire two adjoining retail lots within Motif, a landmark mixed-use development on the doorstep of King Street and Newtown Station. The property is secured by a long-term lease to Kip Happy Stays, a leading national operator in premium pet boarding and dog daycare. Offering a strong income stream, modern building design, and prime frontage on Erskineville Road, this investment is perfectly suited for buyers seeking stable, long-term returns.
Key Investment Highlights:
* Secure long-term lease to Kip Happy Stays
* Net income: $242,572 p.a.*
* Lease term: 10 + 5 + 5 + 5 years
* Annual CPI increases
* Two retail shops: 160sqm and 135sqm*
* Total strata area: 295sqm*
* Two allocated car spaces
* Located within a prime inner west growth precinct
* High exposure with excellent pedestrian and vehicle traffic
* Modern development designed by SJB & BKH (completed 2017)
* MU1 Mixed Use zoning (Inner West Council)
National Tenant Profile – Kip Happy Stays
Kip Happy Stays is a trusted national operator specialising in pet boarding, dog daycare, and premium pet services. With purpose-built facilities, highly trained staff, and strong urban market demand, Kip enjoys a proven growth trajectory. Their tenancy at 17 Erskineville Road provides a reliable, long-term covenant backed by a strong brand presence.
Location Highlights:
* Positioned metres from King Street and Newtown Station
* Prominent Erskineville Road frontage with strong daily foot traffic
* Surrounded by cafés, restaurants, boutiques and creative businesses
* Excellent access to public transport (train & bus)
* Located in one of Sydney's most sought-after inner west neighbourhoods
* Benefits from strong population growth and an affluent local customer base
Contact Dean Haustead for more information
*Approximate
