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192 Station Street
Port Melbourne VIC 3207
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JLL - Hotels & Hospitality Group

192 Station Street Port Melbourne VIC 3207

  • Hotel, Motel, Pub & Leisure
  • 264 m²
  • For Sale, Contact Agent

A rare inner city pub freehold with long term lease

  • Long term lease to reputable operators
  • Coveted location within 3km of CBD
  • Attractive lease terms

JLL Hotels & Hospitality Group is thrilled to present for sale the freehold interest in 192 Station Street, Port Melbourne, loved by many as 'Rubira's at Swallows'.

Located in the highly sought-after bayside suburb of Port Melbourne, less than 3km from Melbourne's CBD, the fully leased hospitality freehold is underpinned by experienced hospitality operators with favourable lease terms on offer.

Key investment highlights include:

* Securely leased to reputable and experienced hoteliers, operating Rubira's since its inception in 2008
* Current net rental of $275,000 p.a. with initial 1 x 10 years plus 4 x 5-year options and 2.5% fixed annual increases
* Coveted inner city location in one of Melbourne's most desirable lifestyle locations, within 3km of the Melbourne CBD
* High-profile corner position with parkside views, surrounded by premium amenities and unrivalled public transport and road networks
* Traditional two-storey corner pub with quality facilities, presented in excellent condition throughout
* City of Port Phillip population is forecast to grow exponentially, increasing by 61.63% to 63,813 by 2041

For further information on this opportunity, please contact the exclusive selling agents.

Property Highlights

Floor Area264 m²
Land Area264 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018770004
Category
Last updated  13 Oct 2023
Map for 192 Station Street Port Melbourne VIC 3207

Property Highlights

Floor Area264 m²
Land Area264 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018770004
Category
Last updated  13 Oct 2023
Level 27, 180 George Street Sydney NSW 2000
Will Connolly
Will Connolly
JLL - Hotels & Hospitality Group
Lachlan Persley
Lachlan Persley
JLL - Hotels & Hospitality Group

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