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59 Grant Street
Bacchus Marsh VIC 3340
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Sold on 24 Mar 2015

59 Grant Street Bacchus Marsh VIC 3340

  • Hotel, Motel, Pub & Leisure
  • Sold

Outstanding Hospitality Investment

5 year lease with options to 2037.
Fixed 3.5% rent increases.
Large 1,415 sqm site with triple frontage totalling over 100 metres.
Includes 40 gaming machine entitlements.
First time offered for sale in 50 years.
Melbourne Racing Club: Operating 13 hotel and club venues across Greater Melbourne.
Venue comprises gaming room, large bistro, sports bar, upstairs function room, beer garden, commercial kitchen and dual bathroom amenities.
Bacchus Marsh: High population growth area and satellite town within 60km of Melbourne, Tullamarine Airport, Geelong and Ballarat.
Tenant pays all usual outgoings.
Rent: $268,419.38 pa.

Interstate and local bidding by prior arrangement.

Auction 11am AEDT Wednesday 25 February.
River Room, Crown Casino, Melbourne.

AUCTION

Auction date and time25/02/2015 11:00
Auction locationCrown Casino

Property Highlights

Date Sold24 Mar 2015
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011727896
Category
Last updated  15 Aug 2016
Map for 59 Grant Street Bacchus Marsh VIC 3340

Property Highlights

Date Sold24 Mar 2015
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011727896
Category
Last updated  15 Aug 2016

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400