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2-8 Bair Street
Leongatha VIC 3953
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Sold on 10 Dec 2014

2-8 Bair Street Leongatha VIC 3953

  • Hotel, Motel, Pub & Leisure
  • 1,370 m²
  • Sold

Landmark Hotel Investment

Brand new 10 year lease plus options through to 2044.
Fixed 3% increases, lessee pays usual outgoings.
Established hotelier group with good strong business.
Commanding 1,370 sqm Commercial 1 corner site, with triple frontage and exposure totalling 100+ metres.
Recently refurbished and well-maintained two level period building, comprising public bar, Gaming room, lounge bistro, commercial kitchen, drive-thru bottle shop plus first floor
accommodation and residence.
Absolute prime position in retail heart, opposite Post Office and central to all banks, chemists, supermarkets etc.
Leongatha: Capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000.
Rent: $220,000 pa.

Auction 11am AEDT Wednesday 10 December.
River Room, Crown Casino.

AUCTION

Auction date and time10/12/2014 11:00
Auction locationCrown Casino

Property Highlights

Date Sold10 Dec 2014
Floor AreaAsk Agent
Land Area1,370 m²
ParkingAsk Agent
Property ID2011586007
Category
Last updated  15 Aug 2016
Map for 2-8 Bair Street Leongatha VIC 3953

Property Highlights

Date Sold10 Dec 2014
Floor AreaAsk Agent
Land Area1,370 m²
ParkingAsk Agent
Property ID2011586007
Category
Last updated  15 Aug 2016
Level 20, 150 Lonsdale Street Melbourne VIC 3000
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd