- Harbourside Corporate Letting
- Newcastle NSW
- 7 storey inner city management rights
- 73 lots with 41 in the letting pool
- Combination of serviced apartments for corporate and short term letting
- Fully staffed both reception and cleaning
- Tariffs range from $205 $465 per night
- Reception on title
- Back office and breakfast room available
- Harbourside location with sweeping views
- Just 6 years old and around 70% occupancy
- Perfectly located corporate/short term let building in Newcastle. Exceptional business and no requirement to live onsite. No residence to purchase but reception is a separate lot.
Net Profit: $534,000
Asking Price: $2,460,000
(Inclusive of real estate reception)
Newcastle is a harbour city in NSW and is only 160 kms north of Sydney. It is located in the heart of the Hunter Region and is bordered by a stunning coastline with beautiful beaches. Newcastle is ideally located to access Port Stephens; world-class wineries in the Hunter Valley; a world heritage listed rain forest at Barrington Tops; Australia's largest salt water lake, Lake Macquarie and some of the world's most famous horse studs in the Upper Hunter. Several flights depart daily, the city also offers a range of public transport options.