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  • For sale
Freehold hotel opportunity - #1
Freehold hotel opportunity - #2
Freehold hotel opportunity - #3
Freehold hotel opportunity - #4
Freehold hotel opportunity - #5
Freehold hotel opportunity - #6
Freehold hotel opportunity - #7
Freehold hotel opportunity - #8
Freehold hotel opportunity - #9
Freehold hotel opportunity - #10

For Sale

Expressions of Interest closing 14th Jul 2022 Ground Floor, 18 Honeysuckle Drive, Newcastle
'The Mark Hotel' offers a two level freehold opportunity in the popular suburb
of Lambton, in close proximity to Newcastle CBD.
The first floor offers 14 executive rooms which are separately leased until 30
June 2024 plus two further six years options. The passing income is $123,066
per annum plus 40% of the property outgoings.
The ground floor comprises bar areas, a full kitchen and restaurant dining area,
along with associated amenities.

For Sale by Expressions of Interest closing on or before 14 July at 3pm. For further information please contact your exclusive selling agents.


*Approximate.

Features

Net Income
Passing income of $123,066 per annum
TimeFrames - Lease Term
Six year lease to June 2024 with options
Total Area - M
Total site area of 1,024m²*
Car Parking
10 on-site car parks