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6-10 Frog Court Craigieburn VIC 3064

  • Hotel / Leisure
  • 1,024 m²
  • For Sale, Contact Agent

PARKVIEW RECEPTIONS

  • Income of $240,000 p.a net
  • Further terms of two x five years
  • Combined land area of 7,077sqm*

CBRE is pleased to present the Freehold Investment opportunity of Parkview Receptions plus large adjoining industrial land.

The highlights of this hospitality investment, plus land in Melbourne's growing north are as follows:

- Annuity income with multiple development angles and upside.
- Licensed venue and land for growth in burgeoning northern suburbs and growth corridor (STCA)
- Current income of $240,000 p.a net plus GST plus outgoings. 
- Annual CPI increases with market review at option.
- Further terms of two (2) x five (5) years.
- Total combined land area of 7,077sqm* over three titles. 
- Includes two vacant industrial land lots of 2,000sqm* each, zoning (IN3Z) 

This opportunity is for sale via Public Tender closing:
Thursday 19th September 2019 at 4:00pm (AEST)

Property Highlights

Property ID2015543719
Floor Area1,024 m²
Land Area7,077 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  26 Aug 2019
Map for 6-10 Frog Court Craigieburn VIC 3064
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

Ask Mathew George about this property

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