JLL Hotels & Hospitality group offer the Freehold Going Concern interest in Honeysuckle Social for sale by Vice President, Kate MacDonald and Senior Vice President, Ben McDonald. Situated along Newcastle’s waterfront entertainment precinct at the epicentre of one of Newcastle’s largest ever urban renewal projects, ‘Honeysuckle’, on Newcastle Harbour.
JLL Hotels & Hospitality group is excited to offer for sale the Freehold Going Concern interest in Honeysuckle Social by Vice President, Kate MacDonald and Senior Vice President, Ben McDonald.
Situated along Newcastle’s waterfront entertainment precinct at the epicentre of one of Newcastle’s largest ever urban renewal projects, ‘Honeysuckle’, on Newcastle Harbour, Honeysuckle Social offers an efficient 450sqm of newly renovated trading footprint, surrounded by an enviable mix of commercial and residential property with a significant pipeline of projects currently underway.
Consistent revenues of over $55,000 per week, under COVID trading restrictions, are expected to increase substantially with an additional 1,000+ residential apartments reaching completion within a 2km radius from the venue. Both owner-operators and investors alike will appreciate the magnitude of the opportunity that Honeysuckle Social is and the trading opportunity yet to be realised at the venue.
Located only two hours north of Sydney, Newcastle has been recognised as one of the most popular relocation areas for Sydneysiders looking to improve their standard of living. World-class transport, schools and universities, medical, beaches, and the rise of ‘working from home’ arrangements, have been the driving force for thousands of families relocating to the Hunter region.
Selling agent Kate MacDonald commented, “Honeysuckle Social provides an incredibly rare freehold hospitality opportunity in the booming Honeysuckle district of Newcastle, the second largest city in NSW. Built only 10 years ago, the venue presents beautifully and is ideally situated to benefit from the significant residential and commercial growth in the immediate area”.
Honeysuckle Social is being offered for sale via an Expressions of Interest campaign closing at 4pm, Wednesday 20 April (unless sold prior).
To request a copy of the Information Memorandum please contact one of the marketing agents Kate MacDonald and Senior Vice President, Ben McDonald JLL Hotels via the contact details below.