65/575 Hunter Street Newcastle West, 2302 NSW
Superior Apartment Investment
Located in The Quest's Newcastle West hotel this property is poised as a strong investment with guaranteed monthly rental income and a rental yield currently sitting around 5.5% (G).
The property is perched on the 8th floor with views over the city towards Bar Beach and No.1 Sportsground. Inside there has been considerable renovations and styling updates in the last year.
The Quest is a well-known hotel in Newcastle located right in the heart of the CBD. The light rail swings right past your door step as does the local bus route taking guests and residents into the East End's Beaches or to a conference nearby. Walking distance from the hotel are several great restaurants and bars. It is a central location for anyone looking to come to Newcastle for a show at a local venue, a corporate venture or a short visit or holiday.
So, what are the nuts and bolts of this investment?
- Currently leased to The Quest until 11/06/2020 with options of 5 x 5 year renewals.
Sold $500,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Casey Healey
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Casey Healey