Stonebridge Property Group and Wilson Property are pleased to present Mercure Hotel, 23 Mason Street, Warragul for sale via Expressions of Interest closing on Thursday 21st August at 3pm (AEST).
The key highlights of the opportunity include:
- Rare 20 year lease to 2035 plus 5 further 5 year options to 2060 with inflation hedged annual CPI increases
- Accor - World-leading hospitality group with a network of 45+ hotel brands and 5,600 hotels across 110 countries
- 4 star rated, 47 room hotel constructed in 2015, offering various room types and bedding arrangements for guests
- Premium hotel amenities include a two-bed manager apartment, two conference rooms, theatre and boardroom
- Located at the heart of the Warragul commercial precinct, with proximity to Warragul Station and major retailers
- Highly attractive tourism location with 1.04 million visitors annually, driven by a diverse mix of natural scenery and cultural experiences
- Baw Baw Shire - One of Victoria's fastest growing municipalities with an annual Gross Domestic Product of $6.284 billion and $332 million of annual visitor tourism spend
- Estimated Net Income $725,122 pa* + GST
Mercure Hotel Warragul is offered for sale via Expressions of Interest closing Thursday 21st August at 3pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Kevin Tong : 0422 848 818 (WeChat ID: Kevintong3)
Wilson Property:
Ben Wilson
0412 525 542
Emily Whitty
0438 762 055
*Approximately
Property Code: 1361