Offices | Hotel/Leisure

Property ID: 400151

 

CBD Boarding House

506 Hunter Street, Newcastle, NSW 2300

Situated (100) metres from the Newcastle University City Campus this approved student accommodation boarding house is an opportunity to obtain a reliable income stream in the heart of the CBD.

* (10) Recently upgraded rooms
* All with own kitchenette and bathroom
* Fully fitted out and furnished
* Common laundry to both levels
* Front entrance to Hunter Street
* Rear exit to Civic Lane
* Light rail running past the front door
* Net Income: $72,491.41

This investment offers a secure and stable income stream in the heart of Newcastle City that has all Council approvals.

Sold

$1,350,000

Steve Dick