Unique Hotel Investment – High Yielding 10% Return

81-83 melville street, numurkah vic

Price on Request

  • Brand New 10 Year Lease to 2029
  • Secure lease to experienced Hotelier
  • Tenant pays all usual outgoings

Property Details

Brand new 10 year lease to 2029 + options to 2038.
Secure long term lease to experienced hotelier.
Tenant pays all usual outgoings.
Classic 2 level Victorian hotel with public bar, separate drive-thru bottle shop, TAB facilities, outdoor terrace, dining room, commercial kitchen, bistro and first floor accommodation – 11 rooms.
Positioned in the heart of Numurkah’s commercial precinct next to Foodworks Supermarket, banks & pharmacy.
Annual CPI reviews.
Substantial Commercial 1 Zoned 2,012 sqm site with rear access and 20 on-site car spaces.
Numurkah will be the location for the Victorian Governments new $160m solar farm, which will power Melbourne’s tram network.
Numurkah: 35 km north of Shepparton, a major agriculture district primarily focused on dairy grazing and fruit growing. Forms part of Victoria’s renowned ‘Fruit Bowl’ region.
Rent: $106,000 pa + GST

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 897 sqm
Land Size 2,012 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002637

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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