Lot 21/1 Honeysuckle Drive Newcastle NSW 2300

Boasting prime corner exposure at the eastern end of The Boardwalk, 1 Honeysuckle Drive is positioned perfectly to capture the high volume of passing foot traffic.

The subject property comprises the freehold purchase of 523 sqm* of strata area and 29 sqm* of secured basement car parking.

The property has been fully fitted to a high standard, operating as a The Landing Bar and restaurant, with the ability to cater for over 130 patrons.

Additional features include but not limited to:

- Net income of $237,017* per annum
- Internal strata area 482 sqm*
- External strata area 70 sqm*
- Premium waterfront location
- Additional outdoor seating licensed area of 90 sqm*
- Quality restaurant, commercial kitchen and bar with solid long term trading history
- Existing PSA liquor licence remains part of the lease
- Five year lease to January 2024 with options
- Two secure car spaces

*Approximately

Highlights:
* Premium waterfront location
* Net income: $227,381 per annum
* Existing PSA liquor licence