270 Maroondah Highway, Healesville, Victoria

Auction 25/10/19 @ 2pm

Property Description

Freehold Investment of the Iconic Grand Hotel - 1P4720H

The hotel has been trading since 1880 and this is your opportunity to own part of Healesville's history.

The Grand Hotel comprises a three story purpose built hotel offering a public bar, grand dining room / bistro, commercial kitchen, a delightful shade covered beer garden, drive through bottle shop and 16 refurbished accommodation rooms.

The Grand Hotel is developed over a large corner site of 1,517m2 (approx.) that is zoned for Commercial 1 use.

This investment is secured by a new 30 year lease (5 year + 5 x 5 year options) that commenced in February 2019. The current passing rent is $208,000 pa + GST and usual outgoings, and there are annual CPI increases.

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:INVESTMENT, B:HOTEL/BAR, C:VIC - North, C:VIC - North East

Marketing Agent


Marketing Agency

CRE Brokers

Kevin Connolly
CRE Brokers

Phone

Listing Tools

This listing last updated: 18th September 2019

Property Map

Map Location ( get directions )

270 Maroondah Highway, Healesville, Victoria 3777

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