Expressions of interest
60 Harriet Street,
Waratah 2298, New South Wales
Property details
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Agents
Receivers & Managers Appointed | Combined 40-room Boarding House
RWC Western Sydney in conjunction with RWC Newcastle on behalf of Cor Cordis as Receivers and Managers are pleased to present 60 Harriet Street, Waratah for sale via Expressions of Interest.
The property offers the opportunity to acquire a 32-room self-contained boarding house individually leased with a separate 8-room shared boarding house on a head lease situated on a combined land area of 5,615sqm generating approximately $448,424.51 passing income annually.
There are currently identified structural damages affecting part of the main building which affects 3 rooms and part of the hallway. Through rectification and remedial works, the income can be substantially increased. Further due diligence are available upon request.
Additional highlights of the property:
• 32-room self-contained boarding house
• Additional 8-room shared boarding house
• Strong passing income of $448,424.51* per annum
• Site Area 5,615sqm*
• Building Area 1,001sqm*
• Flexible R3 Medium Density zoning
• Value add opportunity through renovation and refurbishment
• 600m* to Waratah Village
• 1.3km* to Calvary Mater Hospital Newcastle
• 1.4km* to Waratah Train Station
• Instructions to sell
The property is offered for sale via Expressions of Interest, closing Wednesday, 18 November 2026 at 3:00pm.
For more information, please contact the selling agents.
*Approximately
In conjunction with RWC Newcastle
The property offers the opportunity to acquire a 32-room self-contained boarding house individually leased with a separate 8-room shared boarding house on a head lease situated on a combined land area of 5,615sqm generating approximately $448,424.51 passing income annually.
There are currently identified structural damages affecting part of the main building which affects 3 rooms and part of the hallway. Through rectification and remedial works, the income can be substantially increased. Further due diligence are available upon request.
Additional highlights of the property:
• 32-room self-contained boarding house
• Additional 8-room shared boarding house
• Strong passing income of $448,424.51* per annum
• Site Area 5,615sqm*
• Building Area 1,001sqm*
• Flexible R3 Medium Density zoning
• Value add opportunity through renovation and refurbishment
• 600m* to Waratah Village
• 1.3km* to Calvary Mater Hospital Newcastle
• 1.4km* to Waratah Train Station
• Instructions to sell
The property is offered for sale via Expressions of Interest, closing Wednesday, 18 November 2026 at 3:00pm.
For more information, please contact the selling agents.
*Approximately
In conjunction with RWC Newcastle
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Contact Peter Vines
Peter Vines
60 Harriet Street, Waratah NSW 2298
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Peter Vines
60 Harriet Street, Waratah NSW 2298