Established Serviced Apartment Complex - 1P4694
CRE Brokers are pleased to offer for Sale "Ye Oxley Lodge" situated at 791-793 Park Street Brunswick for the first time since the property was purchased in 1909 by the current vendor's grandfather. The original residence and stables were demolished in 1968 and "Ye Oxley Lodge" was developed in 1969 - 1970 over two stages to become a motel and serviced apartments.
"Ye Oxley Lodge" comprises two (2) blocks of three story apartments offering:
15 x 1 Bedroom apartments
1 x Bedsitter apartment (currently used as an office)
1 x 3 Bedroom owner / manager apartment
All apartments have separate bathrooms and kitchens and are all connected to NBN. There are four communal laundries.
There are either open air or under cover onsite car spaces for the units.
• 1013m2 of land with rear access to Brunswick Rd.
• Neighbourhood Residential zone Schedule 1.
• Exceptionally well Located inner city freehold property.
• Opportunity to refurbish or redevelop.
• Vacant Possession.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:MOTEL, B:OTHER OPPORTUNITY, C:VIC - Melbourne