The Mark Hotel 46 Dickson Street,
Lambton, NSW 2299
Hotel, Motel & Leisure
Price information
Sale
For Sale - $3,250,000
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Partially Leased
Est. Incomep.a.
$136,000
Number of Tenants
1 Tenant
Private inspections
to arrange a private inspection.
Map of The Mark Hotel 46 Dickson Street
Train stations within 5 km of The Mark Hotel 46 Dickson Street, Lambton, NSW 2299 Distance Waratah Station 2.2 km Warabrook Station 2.5 km Broadmeadow Station 2.8 km Adamstown Station 2.9 km Kotara Station 3.6 km POWERED BY HERE ©Bus stops within 5 km of The Mark Hotel 46 Dickson Street, Lambton, NSW 2299 Distance Newcastle Rd at Morehead St 46 m Newcastle Rd at Nerong Rd 114 m Newcastle Rd After Grainger St 127 m Newcastle Rd at Grainger St 176 m Newcastle Rd After Lloyd Rd 293 m POWERED BY HERE ©
POWERED BY HERE ©
Opportunity to operate Hotel and Restaurant whilst collecting income
- Freehold hotel plus 14 Executive Rooms
- Own and operate the Hotel and Restaurant
- Total site area 1,024m²*
'The Mark Hotel' offers a two level freehold opportunity in the popular suburb of Lambton, in close proximity to Newcastle CBD.
- The first floor offers 14 executive rooms which are separately leased until 30 June 2024 plus two further six years options. The passing income for the Executive Rooms is $136,000* net per annum (plus GST) plus 40% of outgoings.
- The ground floor comprises bar areas, a full kitchen and restaurant dining area, along with associated amenities.
- The opportunity is to operate the Hotel and Restaurant whilst collecting the income from the Lease of the Executive Rooms upstairs.
For Sale | For more information, please contact Peter Dodds or Ben King.
*Approximate.
- The first floor offers 14 executive rooms which are separately leased until 30 June 2024 plus two further six years options. The passing income for the Executive Rooms is $136,000* net per annum (plus GST) plus 40% of outgoings.
- The ground floor comprises bar areas, a full kitchen and restaurant dining area, along with associated amenities.
- The opportunity is to operate the Hotel and Restaurant whilst collecting the income from the Lease of the Executive Rooms upstairs.
For Sale | For more information, please contact Peter Dodds or Ben King.
*Approximate.
Property ID: 504093859Last Updated: 22 Apr 2024
The Mark Hotel 46 Dickson Street
Lambton, NSW 2299
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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