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Sold on 16 Aug 2021

10 Tinonee Road Waratah NSW 2298

  • Hotel, Motel, Pub & Leisure
  • 524 m²
  • Sold

Assisted living boarding house with NDIS income

  • 15 room boarding house
  • Annual turnover $990,000*
  • 86% occupancy

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.

Michael Chapman
Colliers International - Newcastle
Michael Chapman
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle

Property Highlights

Property ID2017081058
Date Sold16 Aug 2021
Floor Area524 m²
Land Area525 m²
ParkingAsk Agent
Category
Last updated  16 Aug 2021
Map for 10 Tinonee Road Waratah NSW 2298
Map for 10 Tinonee Road Waratah NSW 229810 Tinonee Road Waratah NSW 2298
Michael Chapman
Colliers International - Newcastle
Michael Chapman
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle

Property Highlights

Property ID2017081058
Date Sold16 Aug 2021
Floor Area524 m²
Land Area525 m²
ParkingAsk Agent
Category
Last updated  16 Aug 2021
Colliers International - Newcastle
Ground Floor, 18 Honeysuckle Drive Newcastle NSW 2300
Michael Chapman
Colliers International - Newcastle
Michael Chapman
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle
Peter Macadam
Colliers International - Newcastle
Michael Chapman

Michael Chapman

Colliers International - Newcastle

Peter Macadam

Peter Macadam

Colliers International - Newcastle

+61 *** ***
+61 402 724 841

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