42-44 Dennison St, Hamilton East, NSW, 2303
965m2 - Prime CBD Location, Strong Return.
*$380,000 Gross Return 24/25
Income-Producing Property with Development Upside. 2 Freehold properties on separate titles with Business attached (being sold as going concern)
Two adjoining titles:
42 Denison Street 449m² & 44 Denison Street 516m² = Combined total: 965m² (approx.)
R3 Zoning
BH: 14m
FSR: 1.5:1
Buildable GFA: 1,447.5m2
Heritage: NOT Affected
Flood: NOT Affected
Highlights:
– Well-established accommodation business with excellent reputation and repeat clientele
– Prime inner-city location – close to cafes, restaurants, beaches, and Newcastle CBD
– Zoning and land size offer exciting development potential (STCA)
– Solid construction and well-maintained buildings
– Opportunity to make applications with council to expand or redevelop while maintaining current income stream
This is the perfect investment for those seeking a profitable, long-standing business with the added value of prime real estate in one of Newcastle’s most sought-after suburbs. Whether you wish to continue operating the successful guest house, redevelop the site, or explore a mixed-use opportunity, 42–44 Denison Street Hamilton East presents unmatched versatility and long-term potential.
Enquire today, Joel Pyne: 0429 080 595
Disclaimer: Whilst all information provided in the marketing of the property is to the best of our knowledge, the information provided is supplied by third parties, all interested buyers are encouraged to undertake their own research before making any formal decisions.
No inspections are currently scheduled. Contact the agent to arrange an appointment.
