4 Properties For Sale in Castlemaine, VIC 3450

THE CUMBERLAND HOTEL

CBRE Hotels is pleased to present the opportunity to acquire The Cumberland Hotel.

Key investment considerations includes;
- A quality corner hotel offering a good mix of departmental revenues
- Underpinned by a highly profitable gaming room with 30 EGM's
- Brand new long lease (30 plus years) available at commencing rental of $380,000p.a
- Favourable licence conditions with trade between 7am and 1am
- Historically been run under management, significant upside for owner operators
- Ability to refurbish multiple rooms on 1st floor and create accommodation offering (STCA)
- Hotel bus...

COMMERCIAL INVESTMENT

Enjoying a main road frontage (Pyrenees Highway), the property has a secure tenancy to the shop front and a secure storage area to the rear which is currently let on a casual basis.
The property is positioned amidst other commercial 2 zoned businesses approx 1300 metres from the town centre. The premise is ideally situated to provide an excellent position for businesses wanting to experience great exposure with good parking.
Under the current leasing arrangements, the property returns approx $29,000 per annum.

RARE COMMERCIAL FREEHOLD OPPORTUNITY FOR SALE OR LEASE

Enjoying excellent main road frontage with large window displays, this centrally located shop also offers rear access with undercover parking for two vehicles.
An open plan front of house retail area leads to a number of smaller work rooms or offices and a staff kitchen all of which is serviced by ducted heating and cooling.
Towards the rear are two larger storage spaces and a second water closet with a secure rear door giving access to the rear parking and side vehicle entry from the side street.

Wesley Hill Business Park

The Wesley Hill Business Park is Castlemaines premier commercial property estate. Stage two is now selling, zoned as Industrial 1 and using best practice environmental design standards. Each allotment has sewerage, storm water, water, power and telecoms infrastructure in place. Soil condition reports are also available. Each allotment is attractively priced to encourage business. Details are:-


Lot 1 Sold

Lot 2 Sold

Lot 3 Sold

Lot 4 Sold

Lot 5 Not Available

Lot 6 Not Available

Lot 7 Not Availab...