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Colliers - Newcastle

21 Parnell Place Newcastle, NSW 2300

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21 Parnell Place,
Newcastle, NSW 2300

Hotel & Leisure • Development Sites & Land

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Colliers - Newcastle

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
21 Parnell Place
Newcastle, NSW 2300

Map of 21 Parnell Place

Directions
  • Train stations within 5 km of 21 Parnell Place, Newcastle, NSW 2300Distance
    Newcastle Interchange2.9 km
    Hamilton Station4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 21 Parnell Place, Newcastle, NSW 2300Distance
    Parnell Pl Opp Alfred St81 m
    Customs House, Watt St510 m
    Customs House, Set Down524 m
    Watt St at King St549 m
    Newcastle Station, Scott St554 m
    POWERED BY HERE ©
POWERED BY HERE ©

“Newcastle Beach Hotel” Iconic Hotel Investment with enormous value add opportunity

  • Picture perfect coastal hotel with views
  • Currently Leased to Allogio Hotels
  • Net income $546,363 pa (plus GST)
Known as the Newcastle Beach Hotel, the property presents as an incredible opportunity to purchase in a premium coastal position with amazing views over the city and Pacific Ocean.

The site offers the potential for multiple opportunities including to redesign and construct a prestigious boutique apartment building or hotel in the famous Newcastle beach locale (STCA). Strategically situated in Newcastle’s vibrant east end, the property is positioned to benefit from the rapidly growing demand from tourism in this part of the city.

A five level building incorporating 47 hotel rooms, three function rooms, a commercial kitchen, restaurant and a three bedroom rooftop residence / bar opportunity, together with secure basement parking.

For Sale by Expressions of Interest closing 19 August 2021 at 4pm

*Approximate

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Property ID: 503856234Last Updated: 22 Jul 2021

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Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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Chris Chapman

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Chris Chapman
Colliers - Newcastle
21 Parnell Place Newcastle, NSW 2300

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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