405/111 Scott St, Newcastle, NSW, 2300

For Sale

405/111 Scott St, Newcastle, NSW, 2300

$645,000 - $670,000

73 m²

Apartment

•

30+ days on the market

What's around 405/111 Scott St

An Iconic Hotel-Based Investment with Harbour Views

Currently professionally managed Terminus Hotel, the apartment presents a flexible opportunity to invest and enjoy city short term stays - FY25 Income $32,906 p.a - Forecast FY26 Income $37,488 p.a (including FFE, parking & rates contributions) $41,190 (inc GST refund - if registered for GST) - 2025 Rebate to council rates and water $1,125 p.a - Purchase as a business with GST to receive further benefits - Stay as the owner for up to 3months per year. - Fully furnished Value ~$8,000 Right at home in the heart of Newcastle, this boutique apartment combines unbeatable convenience with captivating harbour and parkland views. Set within the iconic Terminus Apartment Hotel, it offers an easy, low-maintenance investment with everything the city has to offer. The open-plan kitchen, living and dining area flows effortlessly outdoors onto north facing terrace, ideal for entertaining or soaking up the outlook across the harbour. - Modern open-plan kitchen, bathroom and laundry - Fully furnished living and dining - Expansive North facing alfresco terrace - Views across the iconic old train station to the harbour - Bedroom with built-in robe, modern bathroom - Secure car space to complete the package - Light rail, dining and beaches all within walking distance Reach out to receive the investor pack and organize an inspection. Strata Rates ~$1,650 pq. Council Rates ~ $412 pq. Water Rates ~ $222 pa + usage Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.