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Hotel/Leisure For Sale 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

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

VILLA 2 - METUNG HOLIDAY VILLAS (FREEHOLD)

Hotel/Leisure

- 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
- Superior 2 bedroom Villa
- Space to park a boat
Inspections Strictly by Appointment.

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

SEASIDE ACCOMMODATION BUSINESS METUNG VILLAGE

Hotel/Leisure

This distinctive holiday/accommodation letting business in the Metung village offers great financial performance with exceptional lifestyle in the heart of the beautiful Gippsland Lakes.
A diverse range of income includes the responsibility for the management of incoming and outgoing holiday let customers on a contractual basis, with coordination of cleaning services and maintenance (if required); booking agent for holiday accommodation businesses in the region; Owners Corporation income including management and secretarial; boat hire and a local produce retail offer.
Fabulous working environment together with working flexibility that would also suit current accommodation operators seeking a fulfilling lifestyle change and strong earnings capacity.
Includes freehold of shop.

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Price: $485,000    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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