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.
|Floor Area||Ask Agent|
|Land Area||1,606 m²|
|Annual Return||Ask Agent|
|Last updated||17 Sep 2019|