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)