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481 Melbourne Road Newport VIC 3015

  • Hotel / Leisure
  • 1,606 m²
  • For Sale, FHGC $4,100,000

Newport Homestay & Lodge - 1P4319M

CRE Brokers are pleased to be able to offer for sale The Newport Homestay & Lodge as a Going Concern with vacant possession or alternatively a 50% interest as a Joint Venture Partner.

Newport Homestay and Lodge comprises of a substantial Bluestone residence built in 1875 now fully renovated and offering 5 bedrooms, 3 bathrooms, modern kitchen, lounge and dining room.

The hostel style accommodation centre offers 19 non en-suited bedrooms each having varying bed configurations including single, double or triple rooms, 1 x 2 bedroom self contained apartment, and 1x en-suite apartment.

The freehold property enjoys two street frontages each of about 32 metres and has a land area of approximately 1606 m2.

The land is zoned for General Residential Schedule 1 purposes and offers further future development prospects (Subject to Planning Approval)
Inspections are by appointment only.

Property Highlights

Property ID2014808649
Floor AreaAsk Agent
Land Area1,606 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  17 Sep 2019
Map for 481 Melbourne Road Newport VIC 3015
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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