Shepparton, Victoria

1ST PREMIUM 4.5* OFF THE PLAN HOTEL IN RAPIDLY GROWING SHEPPARTON | Resort Brokers ID : OTP008092

Expressions Of Interest

Business Description

ResortBrokers presents an outstanding off the plan 4.5* hotel opportunity in the bustling city centre of Shepparton, the heart of one of Victoria's fastest growing regions. The management rights and associated real estate to Eden Hotel Apartments will be a highly coveted and prestigious off the plan acquisition for any experienced hotel operators to consider.

- Premium strata apartment-hotel with 33 lots / 67 keys
- 1, 2 and 3 bedroom apartments suites and studios
- 100% investor profile with $85,200 caretaking salary
- Inclusive of generous furniture pack contribution from developer
- Anticipated 4-4.5 star rating* with 6-star energy rating
- Due for completion in Q3 2025
- Secure tenure based on 50 year agreement
- Operational areas include foyer, reception and storage on each level
- Facilities include gym, EV charging stations, secure parking, key lock security system
- Freehold lot 104 - includes office, staff room, storeroom, carpark and 3 x conference rooms
- Freehold lot 105 - includes ground level cafe, storeroom and carpark - optional purchase or lease
- Central downtown location, one block from Lake Victoria and Parklands
- Goulbourn Valley growing at 6% GRP (Gross Regional Product)

Located at: 317 Maude Street, Shepparton, VIC
EXPRESSIONS OF INTEREST CLOSE AT 5PM AEST ON FRIDAY 5TH APRIL
All inspections via appointment only with the agents
* Source: Star Ratings Australia Date updated: 15 Sep 2024 23:00:07