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52 - 56 Queens Parade
Traralgon VIC 3844
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Sold on 15 Nov 2021

52 - 56 Queens Parade Traralgon VIC 3844

  • Hotel, Motel, Pub & Leisure
  • 1,875 m²
  • Sold, $1,030,000

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

* approx.
** Rental amount excludes rent payable by the owner to Victrack of $4,680 for land lease.

Wilson Property
Wilson Property
Ground Floor, 62 Church Street
Traralgon, VIC 3844

Property Highlights

Date Sold15 Nov 2021
Sold Price$1,030,000
Floor Area1,875 m²
Land AreaAsk Agent
Parking22 x Onsite parkings
Property ID2015919773
Category
Last updated  15 Nov 2021
Map for 52 - 56 Queens Parade Traralgon VIC 3844
Wilson Property
Wilson Property
Ground Floor, 62 Church Street
Traralgon, VIC 3844

Property Highlights

Date Sold15 Nov 2021
Sold Price$1,030,000
Floor Area1,875 m²
Land AreaAsk Agent
Parking22 x Onsite parkings
Property ID2015919773
Category
Last updated  15 Nov 2021

Listed by

Ben Wilson
Ben Wilson
Wilson Property
Call
0412 525 542

More about 52 - 56 Queens Parade Traralgon VIC 3844

52 - 56 Queens Parade Traralgon VIC 3844 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,875 m². There are 22 x onsite parkings.The listing ID for this property is 2015919773.

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