The Mark Hotel 46 Dickson Street,
Lambton, NSW 2299
Hotel, Motel & Leisure
Key property information
Land area
Floor area
Tenure type
Sold on
Colliers - Newcastle
Ground Floor, 18 Honeysuckle DriveNEWCASTLE, NSW 2300
The Mark Hotel 46 Dickson Street
Lambton, NSW 2299
Map of The Mark Hotel 46 Dickson Street
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.
*Approx.
- 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.
*Approx.
Lambton, 2299 demographic data
The median household income for Lambton is $1,628, 14% higher than Regional New South Wales's household income of $1,434. Lambton has a younger age profile compared to the rest of Regional New South Wales (median age 40 vs 43). Property ownership data shows 48% of property owners in Lambton have a mortgage.
5,214
Population
$1,628 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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