Salon And Day Spa On The Market

Newcastle Herald

Saturday October 23, 2004

GR

NEWCASTLE'S first day spa is up for sale after almost three years in operation.

Vivien and Peter Ferrier are selling Skintones beauty salon and day spa to devote more time to their other business, the Advanced Careers College, and travel.

Skintones is located at 34 Chapman Street, Charlestown, in a two-storey weatherboard house that has been converted into commercial premises. There are eight treatment rooms, a reception area and hydrotherapy spa.

Listed with Paul Hoare of LJ Hooker Newcastle, Skintones is for sale by leasehold for $119,000. Plant equipment is included in the price.

Great Escape Lofts sale

A HOSPITALITY business in Gloucester has come on the market. The five-year old Great Escape Lofts is being offered for sale by private treaty at a list price of $1.2 million.

The property includes eight self-contained one-bedroom loft apartments with two-person spas, a 16-metre lap pool, outdoor heated jacuzzi, guest and commercial grade laundry facilities, landscaped grounds, computer booking system and internet domain.

The 41/2-star AAA rated facility is listed with Darrell Johnstone of McGees Property Newcastle.

Wickham premises sold

COMMERCIAL premises at 33-49 Annie Street, Wickham, have sold for a reported $7.75 million. The 22,0000 square metre site with two former wool stores was sold with the existing Wickham Self Storage business on a walk-in walk-out basis.

Terms were agreed to 12 months ago and settled last week.

Chris Towers of Street Commercial and Industrial would not disclose the entity that bought the site but said that it was business as usual at Wickham Self Storage and the buyer had no immediate plans to develop the property.

Mr Towers said that the property was zoned 4A urban services and could not be used for residential conversion under the zone.

Backpacker hostel

A HUNTER Street building has sold to owners with an interest in establishing backpacker style accommodation.

The property at 506 Hunter Street has a lettable area of 180 square metres spread over two floors.

It backs on to Honeysuckle, divided only by the railway line.

It sold for $385,000 after being bought less than 18 months ago for $240,000.

Peter Aloupis of Solid Property Services said the listing had drawn plenty of interest from investors and owner-occupiers.

© 2004 Newcastle Herald

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