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.