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Castlemaine VIC 3450
Sold on 22 Dec 2021

Castlemaine VIC 3450

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

UNDER OFFER - Passive Investment Gaming Hotel - 1P5381H

The Cumberland Hotel is one of the largest hotels in the historical goldfields region, situated on a prominent main street corner on 1,018 m2 of land, in the bustling town of Castlemaine renowned for its eclectic arts scene, rich gold rush history and ever growing reputation as a foodie's destination.

The Cumberland is the only hotel in town with gaming machines (30 EGM's) and provides any potential investor with great security that no other hotel or club can offer in the town.

With an exceptional fully renovated ground floor, offering well designed and appointed public bar with TAB, large comfortable bistro with kids play room, separate private function room, discreet gaming room and private beer garden with TAB facilities this hotel has it all.

A secure 50 year lease (including options) 20 years x 20 years x 10 years and a strong experienced tenant make this one of the best passive investment opportunities to come to market in recent times.

CRE Brokers
CRE Brokers
U4/10 Lakewood Boulevard
Carrum Downs, VIC 3201

Property Highlights

Date Sold22 Dec 2021
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017390255
Category
Last updated  21 Mar 2022
Map for Castlemaine VIC 3450
CRE Brokers
CRE Brokers
U4/10 Lakewood Boulevard
Carrum Downs, VIC 3201

Property Highlights

Date Sold22 Dec 2021
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017390255
Category
Last updated  21 Mar 2022

Listed by

Rohan Pertzel
Rohan Pertzel
CRE Brokers
Call
0438 918 919

More about Castlemaine VIC 3450

Castlemaine VIC 3450 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m². The listing ID for this property is 2017390255.

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