Hotel/Leisure For Sale In Victoria

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Victoria Street, Macedon VIC 40 Victoria Street, Macedon VIC 3440
For Sale
Retail, Hotel/Leisure, Showrooms/Bulky Goods For Sale - 40 Victoria Street, Macedon VIC 3440
For Sale
Retail Hotel/Leisure Showrooms/Bulky Goods
Premier Freestanding Macedon Investment
NSL Property Group is pleased to present 40 Victoria Street Macedon For Sale. This ‘tree scape’ investment provides a fully fitted commercial restaurant, bar and function centre located at the foothills of the Macedon Ranges in an ever growing regional township. It is positioned in an established and tightly held commercial precinct only minutes from freeway access into the neighbouring townships of Woodend and Gisborne. The recent ‘tree-change’ shift and domestic tourism boom makes this an offering we strongly recommend for your portfolio. Key Features include: - New Five (5) Year Lease commencing 1st July 2020 - Three (3) Further terms of 5 years - Passing rent of $50,000 pa plus outgoings and GST - 3% Annual increases - Proven operator trading as The Macedon Lounge - Total land area: 835 sqm* - Prominent corner location and freehold - Liquor Licence - Flexible Commercial 1 Zoning - Fully fitted commercial kitchen and function centre - Almost 60 metre* frontage to Victoria Street and Bruce Street - Securely leased investment in a rapidly growing regional township - Future Development Potential (STCA)
Price
Enquire for Pricing
Area
200m2
NSL Property Group
Maud Street, Geelong VIC 55 Maud Street, Geelong VIC 3220
For Sale
Hotel/Leisure For Sale - 55 Maud Street, Geelong VIC 3220
For Sale
Hotel/Leisure
Gothic Tudor Style former Geelong Grammar School recently converted to 36 Bed student accommodation facility
The fully refurbished former Geelong Grammar School built in 1857 offers Student Accommodation over three levels, plus basement. Offering 27 rooms (36 beds) and common facilities. The offering also includes the adjoining lot known as Lot 1, 55 Maud Street which can be further developed into additional accommodation. The property is situated on the southern fringe of the Geelong CBD. Local shopping facilities are provided via the Geelong shopping precinct, being approximately 500 metres north of the property. Educational facilities within proximity to the property include St Mary's School, St Robert's School, St Margaret's School, Geelong South Primary School, Chilwell Promary School, St John's Lutheran School, The Geelong College, Sacred Heart College, Matthew Flinders Girls Secondary College, Newcomb Secondary College, Geelong High School and Deakin University – Geelong Waterfront Campus. Communal facilities include: bathrooms, lounge, dining room, kitchen and laundry. Site Area: 55 & Lot 1, 55 Maud Street - 1,874.93m2 (approx) Net Income (fully let): $380,000(est) + Development opportunity of Lot 1, 55 Maud Street Town planning: General Residential Zone - Schedule 1 (GRZ1)
Area
1,000m2
MMJ Real Estate

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