Mortlake VIC 3272
- Hotel / Leisure
- 1 m²
- For Sale, Investment $650,000
UNDER OFFER - Mount Shadwell Hotel / Motel - 1P4624H
CRE brokers are pleased to offer for sale the freehold passive investment of this iconic hotel, located on a prime corner in the township of Mortlake and situated on the main highway to Warrnambool and Hamilton. This historic, single level bluestone building is set on a large land allottment of approx 2016m2 of Commercial 1 Zoned land.
The hotel comprises public bar with TAB facilities, large bistro, smoker's area, large commercial kitchen and private residence which features 5 bedrooms, kitchen, living/dining area and swimming pool. The opportunity also includes The Stables Motel comprising 5 recently renovated Motel rooms.
Secure tenant with long lease in place.
|Floor Area||1 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||10 Oct 2019|