303/111 Scott Street, Newcastle, NSW 2300

PLEASE NOTE - The zoning of this property does not permit 24/7 residential occupation.  Only suited for an investor requiring short term access.

Positioned in the "Terminus Apartment Hotel," this one bedroom third level apartment complimented by harbour views is the ideal investment/weekender located in the heart of Newcastle. Positioned opposite the former Newcastle railway station, its charismatic heritage façade and buildings now offer the perfect foreground to enhance the sunny northern harbour panorama of this apartment. This one bedroom apartment comes fully furnished with secure car space and provides the ideal investment opportunity for one that would like a weekender or short stay bolt hole in Newcastle, then return home and leave the Terminus Hotel management to supply rental income to help fund your investment. Returning approximately $37,662 in 2023 plus additional subsidies to water/council rates and maintenance, this could be the perfect fit for an out of town investor looking for casual, time to time accommodation in Newcastle plus a lucrative return.

With the harbour promenade, Newcastle and Nobby's beach only moments away, transport, an array of restaurants and cafes also close by, it will suit many investors needs.
Inspection sure to impress.

Council Rates : $1,572* P/A
Water Rates: $660 P/A* (Plus Usage)
Strata Rates : $5,841.68* P/A

*Approximate