70 Wilson StreetWest Wallsend NSW 2286
Property Details for 70 Wilson St, West Wallsend
Last Listing description (October 2020)
EXCITING HISTORICAL PROPERTY WITH ENORMOUS COMMERCIAL POTENTIAL
This is a rare and exciting opportunity to give the historic Museum Hotel a new lease on life as a vibrant restaurant and bed and breakfast. Formerly one of Lake Macquaries oldest and most renowned watering holes, this stunning building is now ready for its full potential to be realized.
Originally opening in 1889, this property is bursting with character and charm that is sure to attract a wide range of eager patrons.
There is a full-size bar and a well-equipped and modern commercial kitchen with a full suite of quality appliances, stainless steel benchtops, good-size fridges and a coolroom. A covered and uncovered beer garden area is ready for family-friendly dining where the parents can kick back and relax with friends while the kids enjoy endless hours of fun in the playground.
A gaming room, without gaming machines, is also on offer which could be integrated into the accommodation side of the business or used as part of the restaurant for additional seating space. There is enormous potential to create a must-see culinary attraction and leverage the buildings historical charm while those looking to offer the full patron experience could also create a boutique bed and breakfast business.
There is a two-bedroom self-contained flat which would be ideal for use as a managers quarters and features a kitchen, lounge room and a combined bathroom/laundry.
For guests of the bed and breakfast, there are an additional six large bedrooms upstairs which provide comfortable and cosy accommodation. A common area awaits your patrons which includes a lounge room and a kitchen plus there are also two bathrooms for added comfort.
A host of must-have equipment is included in the rent from the cutlery, crockery and glassware to the tables, chairs, kitchen amenities and so much more.
All this is set on a 662sqm site in a prime corner position with close proximity to the Newcastle Link Road and M1. Major residential subdivisions are also within easy reach making this a prized location for the regions newest thriving business. Adding even further appeal, Sydney is just 1.5 hours away and ensures this is a fantastic destination for weekend visitors looking to escape the hustle and bustle of the city.
For more information about this fantastic opportunity please call Listing Agent Jon Byrne on 49552624
Property History for 70 Wilson St, West Wallsend, NSW 2286
- 15 Oct 2020Listed for Rent - Price not available
- 02 Sep 2016Listed for Sale Not Disclosed
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0About West Wallsend 2286
The size of West Wallsend is approximately 14.0 square kilometres. There are 8 parks, covering nearly 18.4% of the total area. The population of West Wallsend in 2016 was 2240 people. By 2021 the population was 2981 showing a population growth of 33.1% in the area during that time. The predominant age group in West Wallsend is 20-29 years. Households in West Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Wallsend work in a trades occupation.In 2021, 73.90% of the homes in West Wallsend were owner-occupied compared with 74.70% in 2016.
West Wallsend has 1,235 properties. Over the last 5 years, Houses in West Wallsend have seen a 43.66% increase in median value, while Units have seen a 67.36% increase. As at 31 July 2026:
- The median value for Houses in West Wallsend is $893,433 while the median value for Units is $605,157.
- Houses have a median rent of $725 while Units have a median rent of $340.
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