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33 Magnus Street, Nelson Bay, NSW 2315

33 Magnus Street, Nelson Bay, NSW 2315

Land/Development Hotel/Leisure Other

  • For Sale
  • Contact Agent

Hotel & Prime Land - Strong Cash-Flow & Development Upside

  • Largest Land in Nelson Bay CBD
  • Uninterrupted Panoramic Views
  • Strong cash flow from the existing hotel

  • Land Area
  • 0.67ha (1.65 acres) (approx)
  • Floor Area
  • 3,200 m²
  • Building
  • Whole
  • Last Updated
  • Feb 09, 2021
  • Municipality
  • Port Stephens
  • Car Spaces
  • 70
  • Zoning
  • R3 Medium Density Residential

Additional Details


Interested in this property? Contact an Agent today

Motion Real Estate - Wentworth point

Suite 104, Level 2, 3 The Crescent

Wentworth Point NSW 2127

Hotel & Prime Land - Strong Cash-Flow & Development Upside

Motion Real Estate are extremely pleased to be marketing for sale 33 Magnus Street, Nelson Bay by Expression of Interest Campaign. The property total area 6693 sqm of prime property located in the heart of Nelson Bay town centre with panoramic views of Nelson Bay and Port Stephens Harbour. The existing 44 room hotel has been well operated with solid occupancy rate and good profits, offering 6 different hotel room types.

The site offers an opportunity to create a leading-edge senior living complex in an excellent location at Nelson Bay.


Key Features:
• Largest Land in Nelson Bay CBD: 6,693 sqm*
• Unique opportunity to develop an Iconic Seniors Housing Development
• Uninterrupted Panoramic Views of Nelson Bay
• Strong cash flow from the existing hotel: Hotel P&L statement is available upon request
• Previous DA approvals for 93 over-sized serviced apartments with 6 to 8 levels buildings and basement parking: DA includes *400 guest capacity restaurant & conference facility
• Only a few hundred metres to local amenities: Nelson Bay Woolworth, Nelson Bay Marina, Nelson Bay Gold Club and Bowling Club
• Located about 2.5-hour

33 Magnus Street, Nelson Bay, NSW 2315

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