6% Investment Return in Prime Location

'Bronte House' 145-147 Swan Street Morpeth

Expressions of Interest

576 sqm

The Offer

A prime investment opportunity centrally located in the heart of the Hunter Valley NSW. The property would be ideal for a long-term property investor wanting to secure strong cash flow and capital growth in one of the Hunter’s fastest growing areas.

8Bed

8Bath

5Car

Map

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Address: 145-147 Swan Street, Morpeth, NSW 2321, Australia

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Returns

145 – 147 Swan Street, Morpeth (The Bronte) includes 2 x tenancies $2,050,000

  • Proposed rental return tenancy 1 - “Hunter Valley Boutique Escapes” $104,000 PA
  • Tenancy 2 - “River Realty Morpeth”  $13,520 PA

1/145 – 147 Swan Street, Morpeth (Jewellery Shop) includes 1 x tenancy $550,000

  • Proposed rental return $38,500 PA

Total Purchase price combined:  $2,600,000.00

Total return combined: $156,020.00

Morpeth

A vibrant tourism destination famous for its heritage, architecture and history as a bustling colonial river port, Morpeth is a scenic village located along the southern banks of the Hunter River. The real estate market within the village area has always been one of the highest performing suburbs within the entire Maitland LGA.

Morpeth offers a range of essential services including popular boutique specialty stores, beautiful coffee shops, restaurants, a medical centre and a supermarket.

It’s a lifestyle envied by many offering a range of playgrounds, sporting facilities and beautiful outdoor spaces scattered throughout the suburb.

The Bronte Guest house has been completely refurbished and extended over the last 5 years and offers 2 strong long-term tenants.

 A 3rd tenancy is also on offer with the inclusion of the adjoining property.

For full details including financials contact the team at River and secure your investment.

Location Travel Time From Location
Hinton 5 mins
East Maitland 9 mins
Chisholm 12 mins
Stockland Green Hills 12 mins
Raymond Terrace 18 mins
Maitland 21 mins
Newcastle Airport 33 mins
Newcastle 40 mins
Nelson Bay 52 mins
Sydney 2 hrs 15 mins
  • Joeys Preschool and Early Learning Centre, Morpeth
  • Morpeth Public School (K-6)
  • Grossmann High School, East Maitland (7-10)
  • Hunter Valley Grammar School, Ashtonfield (Prep-12)
  • St Aloysius Catholic Primary School, Chisholm (K-6)
  • St Bede’s Catholic College, Chisholm (7-12)
  • Savannah on Swan, Morpeth 
  • Morpeth Woodfire Pizza 
  • Boydells Restaurant & Wine Bar 
  • Cups N Crepes, Morpeth 
  • Victoria Hotel, Morpeth
  • The Friendly Grocer, Morpeth 
  • Stockland Green Hills Shopping Centre
  • Raymond Terrace MarketPlace 
  • Aldi, Raymond Terrace 
  • Terrace Central, Raymond Terrace 
  • The Levee’, Maitland

Inclusions

The Bronte Hotel “Main Building”

6 Rooms & 6 Bathrooms

 

External

 

  • Brick and Colourbond roof construction
  • External lighting
  • Keyless entry to all external doors
  • Side entertaining courtyard with brick pavers
  • Raised and established garden beds
  • Off-street parking to the rear
  • 5 covered guest parking bays – lined with LED lighting and barn doors
  • Rear store room with keyless entry

 

Hotel Rooms

 

  • Plush carpet to the floors throughout
  • Roll down block-out blinds to the windows
  • Split system air conditioning units to all rooms
  • LED downlighting
  • Hotel room 1 with double opening doors to the covered deck

Ensuite

 

  • Private ensuite for all hotel rooms
  • Floor to ceiling tiles to all bathrooms
  • Semi–screened glass shower screens
  • Free standing bath with chrome tapware
  • Toilet

 

Common Areas

 

  • Hotel living room
  • Roll down block-out blind to the window
  • Fireplace and tiled hearth
  • LED downlighting throughout
  • Guest laundry to the rear

Upstairs Covered Entertaining Deck

 

  • Hardwood timber decking
  • Covered entertaining area
  • Enclosed with transparent blinds for weather proofing and all year round use
  • Toilet located off the deck

Additional Room – Leased

 

  • Leased room similar size to all hotel rooms
  • Street frontage and internal access
  • Split system air conditioning unit
  • Leased to River Realty

 

The Bronte Hotel – “The Lofts”

2 in total, identical in size and inclusions

 

  • Recently completed – 2020
  • Keyless entry
  • Architectural timber cladding and iron roof construction
  • Timber-look laminate flooring throughout
  • LED downlighting throughout
  • Open plan living, kitchen and dining
  • Roll down blind to the window
  • Barn sliding door into the room

 

Kitchen

 

  • Shaker cabinetry with timber benchtops
  • Stainless-steel sink with goose neck mixer taps
  • Subway tiled splash backs
  • 2 plate electric stove
  • Recessed fridge and microwave space

 

Hotel Room

 

  • Barn door entry
  • Plush carpet to the floor
  • Split system air conditioning units
  • LED downlighting
  • Double built-in-wardrobes with shaker profile doors

 

Ensuite

 

  • Floor to ceiling subway tiled splash back
  • Floating single basin with chrome mixer tap
  • Mirrored storage cupboard
  • Frosted glass window
  • Shower with semi framed glass shower screen
  • Toilet with hidden cistern

Contract

DA Approved Plans

To make a formal offer on this property, please fill in the form below and our listing agent will be in contact with you

Please note that this written Notice of Offer does not bind either party to an agreement, the buyer may change their mind at any stage up to exchange of contracts with no penalty. Should there be multiple offers of the same figure terms and conditions will be investigated or a second round of offers will be announced.

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About us

Agent Details

Chris Henry

Managing Director / Licensee

Whether he’s providing guidance and direction to the River team or working one-on-one with his clients to achieve the best outcome, Chris leads from the front with a hands-on passion for the industry and deep commitment to personal and professional development.

Working with transformative Australian and international mentors, Chris combines his on-the-ground experience with expertise gleaned from the global business coaching community to offer a trusted source of advice for clients as he guides them through some of the most emotionally and financially important moments of their lives.

Surrounded by a highly skilled leadership team, Chris provides a steady hand to steer the business in the right direction as it evolves into a full-service real estate agency, which goes beyond buying, selling and property management to encapsulate innovation, technology, property maintenance and marketing.  

Agent Details

Maddison Woodward

Property Sales Representative

Bright, focused and determined, with a long family history in sales and real estate, you could almost say Maddison was destined for success in the industry.

Having worked alongside River’s managing director Chris Henry since she joined River in 2016, Maddison has developed into a key member of the team who can manage the sales process end-to-end, from handling initial enquiries and developing relationships with clients to property preparation and presentation, managing negotiations and sealing the deal.

With plenty of energy, an ability to adapt to every situation and a genuine love of people, Maddison thrives under pressure and lives for those moments of happiness and excitement when clients secure the sale they were hoping for or find their dream home.

Agent Details

Tom Cohen

Property Sales Associate

After carving out a successful career in the mining industry, Tom was ready to invest his drive and commitment to hard work in a new direction.

Drawn to the possibilities offered by the real estate industry, Tom completed his certificate of registration before joining the Property Management team at River in late 2018.

Motivated to gain a foothold in the sales side of the business as well, Tom powered through every professional development and training course he could get his hands on and was rewarded with a position on Chris Henry’s team less than 12 months after joining the business.

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