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Carrington
153 Young Street
Land Size960sqm
Building Size639sqm
Car12
Sold
Sold
Approved Accommodation Facility - Selling by Tender

Starting life as the Cosmopolitan Hotel under the Tooth's banner, this DA approved (22) guest facility could be used as a boarding house, hostel, student accommodation, motel, corporate office, or just a grand old house subject to Council or Certified Approval.

In reasonable condition the owners have had it upgraded to meet current fire and safety standards and have provide the occupation approval for a Class 3 Building under the BCA.

"What is a Class 3 building in NSW?

CLASS 3: Residential building other than a Class 1 or 2 building, which is for the accommodation of unrelated people, includes, boarding house, guest house, hostel, backpackers or hotel."

Its location in Carrington is within walking distance to the Newcastle University City Campus, Newcastle Rail Interchange and major employment centres such as the NSW Government offices in Newcastle West, Newcastle City Councils administration centre, THALES ship maintenance facility.

Built on the corner of Davall and Young Streets it dominates the corner with high facades. The ground-floor comprises training rooms, accommodation rooms, bathrooms, kitchen and dinning as well as an open court yard. Whilst the first-floor has a lounge / common room, accommodation rooms and bathroom.

Location

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