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81-83 Melville Street
Numurkah VIC 3636
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Sold on 27 Feb 2019

81-83 Melville Street Numurkah VIC 3636

  • Shop & Retail
  • 2,012 m²
  • Sold

Unique Hotel Investment – High Yielding 10% Return

Brand new 10 year lease to 2029 + options to 2038.
Secure long term lease to experienced hotelier.
Tenant pays all usual outgoings.
Classic 2 level Victorian hotel with public bar, separate drive-thru bottle shop, TAB facilities, outdoor terrace, dining room, commercial kitchen, bistro and first floor accommodation – 11 rooms.
Positioned in the heart of Numurkah’s commercial precinct next to Foodworks Supermarket, banks & pharmacy.
Annual CPI reviews.
Substantial Commercial 1 Zoned 2,012 sqm site with rear access and 20 on-site car spaces.
Numurkah will be the location for the Victorian Governments new $160m solar farm, which will power Melbourne’s tram network.
Numurkah: 35 km north of Shepparton, a major agriculture district primarily focused on dairy grazing and fruit growing. Forms part of Victoria’s renowned ‘Fruit Bowl’ region.
Rent: $106,000 pa + GST

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time27/02/2019 11:00
Auction location81-83 Melville Street, Numurkah VIC

Property Highlights

Date Sold27 Feb 2019
Floor AreaAsk Agent
Land Area2,012 m²
ParkingAsk Agent
Property ID2014902929
Category
Last updated  28 Feb 2019
Map for 81-83 Melville Street Numurkah VIC 3636

Property Highlights

Date Sold27 Feb 2019
Floor AreaAsk Agent
Land Area2,012 m²
ParkingAsk Agent
Property ID2014902929
Category
Last updated  28 Feb 2019

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400

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