OFF MARKET

145-147 Swan Street
Morpeth NSW 2321

Bedrooms: 6
Bathrooms: 6
Car spaces: 2
Land area: 573m2
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Property Details for 145-147 Swan St, Morpeth

145-147 Swan St, Morpeth is a 6 bedroom, 6 bathroom House with 2 parking spaces. The property has a land size of 573m2. While the property is not currently for sale or for rent, it was last sold in December 2004.

Building Type
House
Land Size
573m2
Local Government
Maitland
Lot/Plan
CP/SP74847

Last Listing description (July 2023)

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One landmark property + business package in the growing heart of the Hunter Valley, two streams of revenue for income diversification, and a limitless lifestyle opportunity that's positioned for capital growth and destined for returns.

Plant your flag in one of the most desirable tourism locations in the Hunter and leap into your future with a profitable, established business in an unparalleled location.

THE PROPERTY

Completely refurbished and extended over the past 5 years, the favoured heritage features of Bronte House have been expertly brought into the present day ? maximising its value both as an asset and as a business.

Sitting on a large corner block with a commanding presence on Morpeth's main street, Bronte House offers the below:

? Six luxury rooms with private ensuites and keyless entry
? Two luxury self -contained one bedroom apartments
? Two decks, an entertaining courtyard, and hotel common areas
? A gourmet common kitchen with modern amenities and appliances
? Two detached laundry/storage rooms
? One street-facing room under a secure lease, with potential as an integrated shopfront, meals area, or souvenir store

THE LOCATION

A vibrant tourism destination famous for its heritage, architecture, and history as a bustling colonial river port, Morpeth is a scenic village along the Hunter River's southern banks.

With renown amongst tourists that rivals that of the Hunter Valley wine region and held in similarly high regard by locals, The Bronte is in prime position for capital growth and a lucrative location for those in the tourism, accommodation, and hospitality industry.

Sitting 2 hours from Sydney in the prized Hunter Valley, Morpeth attracts a staggering number of travellers each year, and its central location between Newcastle and Pokolbin positions The Bronte perfectly for a luxury weekend away.

Your guests can enjoy Australia's oldest wine region one day and Newcastle's pristine beaches and flourishing CBD the next, with a night or two of luxury Morpeth accommodation in between.

THE BUSINESS

The Past: Constructed in 1822 and named after the Duke of Bronte, 145-147 Swan Street was purchased in 2014 and underwent a patient, meticulous process of upgrades.

These upgrades, while challenging at times, achieved the impossible: thoughtfully retaining the historic character and charm while subtly infusing a touch of Victorian and Asian design.

This unique design and guest experience ? coupled with fully established processes and procedures for easy remote management ? led The Bronte to build up an excellent reputation, with a strong occupancy rate that defied the pandemic and survived lockdown.

The Present: Today, the highly profitable business reaps the rewards of this artisanal touch. With all the hard work done, the acclaim and numbers tell the story best.

Acclaim
? 4.8/5 on Google
? 9.3/10 on Booking.com
? 9.8/10 "Exceptional" on Hotels.com
? Awarded "Recognition of Excellence 2020" through Hotels Combined
? Voted No. 5 in the Top 10 Hotels in Australia through Star Ratings Australia

The Future: With the current owners leaving behind a legacy to focus on their next chapter, the future of Bronte House is up for grabs.

Take up the reigns of this winning formula and enjoy easy returns, leading capital growth, and a coveted sole trader lifestyle, or expand on the strong foundations to make your own mark in the lucrative industry and thriving tourist destination provided by historic Morpeth.

There are no doubts that The Bronte has a bright future ahead ? the only question is whether you'll be the one to reap the rewards.

SMS Bronte to 0428 166 755 for a link to the online property brochure and for the business figures.

Property History for 145-147 Swan St, Morpeth, NSW 2321

A timeline of how this property has performed in the market
Last Sold
$585,000
22 Dec 2004
  • 10 Nov 2021
    Listed for Sale Expressions of Interest
  • 12 Dec 2018
    Listed for Sale Expressions Of Interest - Price Guide $1,200,000
  • 26 Oct 2012
    Listed for Sale By Negotiation
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About Morpeth 2321

The size of Morpeth is approximately 4.8 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Morpeth in 2011 was 1,261 people. By 2016 the population was 1,403 showing a population growth of 11.3% in the area during that time. The predominant age group in Morpeth is 60-69 years. Households in Morpeth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morpeth work in a professional occupation. In 2011, 74.8% of the homes in Morpeth were owner-occupied compared with 67.4% in 2016.

Morpeth has 880 properties. Over the last 5 years, Houses in Morpeth have seen a 51.10% increase in median value, while Units have seen a 46.17% increase. As at 31 October 2024:

  • The median value for Houses in Morpeth is $700,582 while the median value for Units is $503,600.
  • Houses have a median rent of $570.
There are currently 2 properties listed for sale, and 1 property listed for rent in Morpeth on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Morpeth.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.