Business For Sale Lambton, New South Wales 2299
Business Category Hotel
FREEHOLD $3,250,000
Description
Freehold Business In Lambton For $3.25m, Developers Dream - 125hf
- Solid two-level freehold opportunity in Newcastle region.
- The property presents a great opportunity with future upside and development potential.
- Prominent corner location in the popular suburb of Lambton.
- Ground floor bar and bistro with14 Executive rooms on first floor.
- Opportunity to redevelop for more accommodation to meet demand.
- Located 2kms to Newcastle University and 2kms to John Hunter Hospital.
- 33 minute walk, 19 minute bus or 16 minute cycle to the University.
- Close to numerous sporting facilities including Lambton Park, Lambton Pool, Macdonald Jones Stadium, Newcastle Harness Racing Club, Shortland Golf Club and the proposed new basketball stadium.
- Outside of the portable maximum flood levels that affect many areas of Newcastle.
- Land area 1,024 m2
- Building area 810 m2
Contact Robert Urquhart from Tourism Brokers for further information or to arrange an inspection.
Property ID: 125HF (quote when enquiring)
Property Code: 5004
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This business is somewhat unique and has no similar competition in this region, category or price bracket.