NEWCASTLE STUDENT ACCOMODATION FOR SALE BY EOI
- Central Location
- Well Established Facility
- 43 Rooms and 9 Apartments
Centrally located with main road frontage to Maitland Rd within the surburb of Tighes Hill benefiting from excellent exposure. This property is positioned within walking distance of NSW Tafe, Coles Mayfield East Village, boutique shops, cafes, bars, Chemist Warehouse, Beaumont St retail strip and is less than 5km from Newcastle CBD.
Zoned B1 Neighbourhood Centre under Newcastle LEP 2012.
Well established and maintained student accomodation facility comprising 43 rooms and 9 apartments only 10 minutes from the CBD.
Gross income circa $420,000 p.a. with a net income circa $285,000 p.a.
4 titles with a combined land area of approximately 1,611 square metres.