Boasting prime corner exposure at the eastern end of The Boardwalk, 1 Honeysuckle Drive is positioned perfectly to capture the high volume of passing foot traffic.
The subject property comprises the freehold purchase of 523 sqm* of strata area and 29 sqm* of secured basement car parking.
The property has been fully fitted to a high standard, operating as a The Landing Bar and restaurant, with the ability to cater for over 130 patrons.
Additional features include but not limited to:
- Net income of $237,017* per annum - Internal strata area 482 sqm* - External strata area 70 sqm* - Premium waterfront location - Additional outdoor seating licensed area of 90 sqm* - Quality restaurant, commercial kitchen and bar with solid long term trading history - Existing PSA liquor licence remains part of the lease - Five year lease to January 2024 with options - Two secure car spaces
*Approximately
Highlights: * Premium waterfront location * Net income: $227,381 per annum * Existing PSA liquor licence
Map for Lot 21/1 Honeysuckle Drive Newcastle NSW 2300
Map for Lot 21/1 Honeysuckle Drive Newcastle NSW 2300
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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