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Properties For Sale or For Lease found in OUTER EAST (REGIONAL), VIC

SECURELY LEASED HOTEL INVESTMENT

Hotel/Leisure

Colliers International in conjunction with Wilson Property Residential Commercial Industrial have been exclusively retained to offer for sale the award winning Mercure Hotel Warragul located at 23 Mason Street, Warragul, Victoria
The Hotel has been developed in 2015 within a mixed use development, with the hotel providing 47 4 star rated accommodation suites along with meeting rooms, ground floor reception, two bedroom managers residence and various shared amenities. The wider development includes a gymnasium, restaurant, medical suites and extensive car parking.
Located within the main commercial precinct of Warragul, the hotel in close proximity to the train station, sports grounds, and Princes Highway (M1. Warragul is the main service centre of the West Gippsland region and is experiencing rapid growth in population in recent years. The location provides convenient access to all surrounding regions and destinations including the nearby Baw Baw National Park, Western Port Bay and Lardner Park.
Securely leased on a 20 year lease term, the hotel is currently returning $570,028 per annum (approx.) with annual CPI increases and further terms beyond the
initial lease term. With no direct competition for modern accommodation in the town, Mercure Warragul continues to perform strongly, and will be a secure investment for many years to come. For Sale via Expression of Interest closing Thursday 12th October at 4pm unless sold prior.

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Price Contact Agent
Building 1m²
Occupancy Vacant
Property ID 268517

VILLA 5 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- Luxury 2 bedroom Villa
- Absolute once in a lifetime opportunity to purchase a holiday home with an income stream in the Gippsland Lakes Region
- Excellent depreciation benefits
- Under management for ultimate peace of mind
- Space for boat parking
Inspections Strictly by Appointment.

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Price: $69,500    Building: 1m²    Occupancy: Vacant

PROMINENT DEVELOPMENT SITE (S.T.C.A.)

Development/Land

- Positioned on a prominent corner entry to the Metung Kings Cove residential development and golf course,
- 4,001 sqm approximately
- High profile corner location
- Adjoining the Metung Medical Centre
- Low density residential zone
- Service commercial centre use allowed under clause 52.03 of the East Gippsland Planning Scheme

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Price: $195,000 + GST (if applicable)    Land: 4000m²    Occupancy: Vacant

3.01 ACRES SO CLOSE TO THE VILLAGE

Development/Land

Located in the centre of the coastal township of Metung, 7 Christmas Street, is vacant land that is zoned General Residential that has a current planning permit for a 5 lot subdivision.
The property has a sloping topography towards the eastern boundary and can either be subdivided as per the current planning permit or can be used as a whole. The current planning permit proposes the property to be subdivided into the following lots
Lot 1 4,371 sqm approximately
Lot 2 4,371 sqm approximately
Lot 3 1,730 sqm approximately
Lot 4 834 sqm approximately
Lot 5 834 sqm approximately

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Price: $475,000 + GST (if applicable)    Land: 12200m²    Occupancy: Vacant


VILLA 20 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- Excellent depreciation benefits
- Absolute once in a lifetime opportunity to purchase a holiday home with an income stream in the Gippsland Lakes Region
- Under management for ultimate peace of mind
- Superior two bedroom villa
- Space for boat parking
Inspections Strictly by Appointment.

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Price: $59,500    Building: 1m²    Occupancy: Vacant

VILLA 39 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- Family 2 bedroom villa
- Absolute once in a lifetime opportunity to purchase a holiday home with an income stream in the Gippsland Lakes Region
- Excellent depreciation benefits
- Under management for ultimate peace of mind
- Space for boat parking
Inspections Strictly by Appointment.

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Price: $56,500    Building: 1m²    Occupancy: Vacant

VILLA 37 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- Budget 2 bedroom villa
- Absolute once in a lifetime opportunity to purchase a holiday home with an income stream in the Gippsland Lakes Region
- Excellent depreciation benefits
- Under management for ultimate peace of mind
- Space for boat parking
Inspections Strictly by Appointment.

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Price: $49,500    Building: 1m²    Occupancy: Vacant

VILLA 14 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- Under management for ultimate peace of mind
- Absolute once in a lifetime opportunity to purchase a holiday home with an income stream in the Gippsland Lakes Region.
- Excellent depreciation benefits
- Superior 2 bedroom villa
- Space for boat parking
Inspections Strictly by Appointment.

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Price: $59,500    Building: 1m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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