52 - 56 Queens Parade Traralgon VIC 3844
- Hotel, Motel, Pub & Leisure
- 1,875 m²
- For Sale, $1,295,000 excl. GST
High Yielding Investment - 8.52%* Net
- 5 year lease commenced 01/02/2018 with 2 further 5 year options
- Current rent $111,100** p.a. with fixed annual increases
- Tenant pays all usual outgoings
- Iconic recreational facility
- Freestanding building with total site area of approx. 1,875m2*
- Outstanding location on the city fringe, onsite parking and further development potential (S.T.C.A)
- Easy ingress and egress to Princes Highway
- Short walk to Traralgon's CBD and Railway Station
- Building features large fitness centre, 25m indoor heated pool, open plan recreational area, separate group fitness room, manager's office and a range of change room facilities and other amenities
** Rental amount excludes rent payable by the owner to Victrack of $4,680 for land lease.
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