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PARKVIEW RECEPTIONS/6-10 Frog Court
Craigieburn VIC 3064
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Sold on 4 Aug 2020

PARKVIEW RECEPTIONS/6-10 Frog Court Craigieburn VIC 3064

  • Hotel, Motel, Pub & Leisure
  • 1,024 m²
  • Sold

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)

Property Highlights

Date Sold4 Aug 2020
Floor Area1,024 m²
Land Area7,077 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2015543719
Category
Last updated  20 Sep 2023
Map for PARKVIEW RECEPTIONS/6-10 Frog Court Craigieburn VIC 3064

Property Highlights

Date Sold4 Aug 2020
Floor Area1,024 m²
Land Area7,077 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2015543719
Category
Last updated  20 Sep 2023

Listed by

CBRE Hotels
Call
0402 530 729

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