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Colliers - Newcastle

10 Tinonee Road Waratah, NSW 2298

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10 Tinonee Road,
Waratah, NSW 2298

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Assisted living boarding house with NDIS income

  • 15 room boarding house
  • Annual turnover $990,000*
  • 86% occupancy
Operate an approved Authorised Assisted Boarding House, or purchase a high yielding asset making staff allowances within the operating costs.

The property comprises an approved 15 room boarding house (DA2013/0582), licensed by the Department of Communities & Justice as an Authorised Assisted Boarding House (D20/368312). Accommodation includes 15 private single rooms, four bathrooms (one fitted bathroom to assist clients with a physical disability), a separate laundry area and dining and lounge rooms.

- Annual turnover $990,000*
- 86% occupancy
- Offered on a walk-in walk-out basis
- Positioned nearby Waratah Village
- Site area 524.8sqm*

For Sale by Public Auction | Thursday 29 July 2021 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate.

Property ID: 503852506Last Updated: 29 Nov 2022

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Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
10 Tinonee Road
Waratah, NSW 2298
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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