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Sold on 19 Apr 2021

Lot 21/1 Honeysuckle Drive Newcastle NSW 2300

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

Position perfect!

    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

    Matt Kearney
    Commercial Collective
    Matt Kearney
    Commercial Collective
    Adam Leacy
    Commercial Collective
    Adam Leacy
    Commercial Collective

    Property Highlights

    Property ID2016829520
    Date Sold19 Apr 2021
    Floor Area482 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Category
    Last updated  19 Apr 2021
    Map for Lot 21/1 Honeysuckle Drive Newcastle NSW 2300
    Map for Lot 21/1 Honeysuckle Drive Newcastle NSW 2300Lot 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*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Matt Kearney
    Commercial Collective
    Matt Kearney
    Commercial Collective
    Adam Leacy
    Commercial Collective
    Adam Leacy
    Commercial Collective

    Property Highlights

    Property ID2016829520
    Date Sold19 Apr 2021
    Floor Area482 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Category
    Last updated  19 Apr 2021
    Commercial Collective
    Level 2/28-30 Bolton St Newcastle NSW 2300
    Matt Kearney
    Commercial Collective
    Matt Kearney
    Commercial Collective
    Adam Leacy
    Commercial Collective
    Adam Leacy
    Commercial Collective

    Ask Matt Kearney about this property

    Matt Kearney

    Matt Kearney

    Commercial Collective

    Adam Leacy

    Adam Leacy

    Commercial Collective

    0427 *** ***
    0427 921 206

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