St Gabriels, 57 Albert St,
Wickham, NSW 2293
Key property information
Tenanted Investment Details
Map of St Gabriels, 57 Albert St
Train stations within 5 km of St Gabriels, 57 Albert St, Wickham, NSW 2293 Distance Hamilton Station 659 m Newcastle Interchange 785 m Broadmeadow Station 2 km Waratah Station 2.9 km Adamstown Station 3.7 kmPOWERED BY HERE © Bus stops within 5 km of St Gabriels, 57 Albert St, Wickham, NSW 2293 Distance Albert St Opp Wickham Park 101 m Albert St at Railway St 148 m Wickham Park, Albert St 251 m Hannell St After Greenway St 354 m Albert St Opp Hawkins Oval 391 mPOWERED BY HERE ©
Boarding House which ticks all the boxes - Newcastle
- Convenient Harbourside Location
- Two Street Frontage
- Great Investment Return
The easily managed high yielding Newcastle Boarding House has a consistent record of attracting tenants attracted by its convenient Newcastle Harbourside location. It is minutes to all services, Hamilton/Newcastle interchange, attractive waterways, Shops, personal services, entertainment, sporting facilities, local bus public transport near the front door, park across the road, easy access to airport, spacious indoor and shared outdoor areas. The current gross income is around $153,660 pa.
Potential for further growth due to the gradual opening of international borders, increasing overseas students and general rental growth.
The Old church property has dual street frontage and sits on an impressive site area of around 739m2. More than double the land size of many of the homes in the surrounding area.
Possible commercial redevelopment opportunities
The current R2 zoning allows for several other uses for the real estate subject to council approved development application. Possible uses include community facilities, education, childcare, medical and tourist/visitor accommodation.
The additional residential property included
There is also a second residential property built fronting Albert St. This is an open plan one-bedroom home with around 65m2 of internal space, including separate dining and lounge areas. Also, it has a large covered outdoor entertainment area with a storage shed at the rear. The property has onsite parking for three cars.
Possible Residential Family Home
There is also the option of taking advantage of the attractive architecture of the old historic church building, with high vaulted ceilings and the emotional sensation of an abundance of space, bright ambience and large 234m2 footprint to convert the current boarding home into your residential family masterpiece.
Discover the great financial returns from owning your own boarding house!
Property ID: 503929654Last Updated: 12 Apr 2022
Contact Agent638 De Beyers Road,Pokolbin, NSW 2320
Expressions of Interest5 Koala Place,Boat Harbour, NSW 2316
offers invitedThe Durham Hotel Wingen, 1 New England,Wingen, NSW 2337