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  • Sold
Assisted living boarding house with NDIS income - #1
Assisted living boarding house with NDIS income - #2
Assisted living boarding house with NDIS income - #3
Assisted living boarding house with NDIS income - #4
Assisted living boarding house with NDIS income - #5
Assisted living boarding house with NDIS income - #6
Assisted living boarding house with NDIS income - #7

For Sale

Auction 29th Jul 2021 Ground Floor, 18 Honeysuckle Drive, Newcastle
Operate an approved Authorised Assisted Boarding House, or purchase a high yielding asset making staff allowances within the operating costs.

The property comprises an approved 15 room boarding house (DA2013/0582), licensed by the Department of Communities & Justice as an Authorised Assisted Boarding House (D20/368312). Accommodation includes 15 private single rooms, four bathrooms (one fitted bathroom to assist clients with a physical disability), a separate laundry area and dining and lounge rooms.

- Annual turnover $990,000*
- 86% occupancy
- Offered on a walk-in walk-out basis
- Positioned nearby Waratah Village
- Site area 524.8sqm*

For Sale by Public Auction | Thursday 29 July 2021 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate.

Features

Number of Beds
15 room boarding house
Net Income
Annual turnover $990,000*
% Leased
86% occupancy
Opportunity
Offered on a walk-in-walk-out basis
  • 13/08/2021
  • Contact our experts for details on this transaction