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70-72 Mangan Street
Tongala VIC 3621
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Sold on 17 Jul 2014

70-72 Mangan Street Tongala VIC 3621

  • Hotel, Motel, Pub & Leisure
  • 2,884 m²
  • Sold

Tongala Hotel/Motel - Freehold Investment - Circa 10% Yield

5 year lease plus options to experienced hoteliers.
Annual rent reviews.
Hotel in excellent condition including public bar, TAB, bistro, central kitchen, drive thru bottle shop, large 3 bedroom managers residence plus 9 separate motel units.
Significant 2,884 sqm corner site within Tongala's main street.
Tongala: Located in north east Victoria nestled between Kyabram and Echuca, a rich dairy and fruit growing region.
Rent: $86,460 pa + GST.

Property Highlights

Date Sold17 Jul 2014
Floor AreaAsk Agent
Land Area2,884 m²
ParkingAsk Agent
Property ID2011128059
Category
Last updated  15 Aug 2016
Map for 70-72 Mangan Street Tongala VIC 3621

Property Highlights

Date Sold17 Jul 2014
Floor AreaAsk Agent
Land Area2,884 m²
ParkingAsk Agent
Property ID2011128059
Category
Last updated  15 Aug 2016

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400

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