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Freehold Business In Lambton For $3.25m, Developers Dream - 125hf For Sale

Lambton, New South Wales, Australia
Asking Price:
FREEHOLD $3,250,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- 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