197 - 199 Watton Street,
Werribee, VIC 3030
Development Sites & Land • Hotel, Motel & Leisure • Medical & Consulting
Price information
Sold
$5,400,000
Key property information
Land area
Floor area
Zoning
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Map of 197 - 199 Watton Street
Activity Centre ReDevelopment Opportunity with Existing Hotel
CVA Property Consultants are pleased to offer you the opportunity to secure this outstanding property located in the Werribee CBD on bustling Watton Street. The Bridge Hotel is a well appointed hotel and holds a full general licence within a fast growing location. The property includes a two-storey building with complete fit out constructed circa 1926. Several extensions have been added to the building during the 1970's. Ideally suit owner/occupiers, investors and multi-level development, the licensee agrees to sign a lease for 12 months from the day of sale.
During the mid- 90's the Bridge Hotel underwent a major refurbishment including converting a substantial area on the Watton Street frontage to accommodate alfresco dining and rewiring virtually the entire premises.
The Bridge Hotel is in very good condition and is licensed for in excess of 400 people, downstairs feature's a large alfresco dining area that seats up to 90 patrons, large bar, two (2) dining rooms & private function room, full commercial kitchen large freezer and cool room's, 1st floor has accommodation rooms and private residence.
The City of Wyndham is among the highest performing precincts in the state of Victoria for gaming income in both clubs and hotels. Wyndham also records very high levels of sales for packaged liquor and the convenience of drive through bottle shop. The Bridge Hotel does not presently cater for either market.
The property has a wide frontage of 40 metres and depth of 100 metres and access to Wattton and Synnot Street's providing a unique opportunity to manage traffic flow entering and exiting the site.
Additional adjoining Lots A, B and D are also available individually.
Lot A : 193 Watton Street, Land Area: 1,021m2
Lot B : 86 Synnot Street, Land Area: 1,012m2
Lot D : 201 Watton Street, Land Area : 3,568m2 Toyota Car Dealership
Property Highlights:
- Full general licence
- Access to Watton & Synnot Street's
- Adjoining freeholds available
- Close to all major facilities and arterials
- Within a major growth centre
- A proactive council
- The activity centre zone
During the mid- 90's the Bridge Hotel underwent a major refurbishment including converting a substantial area on the Watton Street frontage to accommodate alfresco dining and rewiring virtually the entire premises.
The Bridge Hotel is in very good condition and is licensed for in excess of 400 people, downstairs feature's a large alfresco dining area that seats up to 90 patrons, large bar, two (2) dining rooms & private function room, full commercial kitchen large freezer and cool room's, 1st floor has accommodation rooms and private residence.
The City of Wyndham is among the highest performing precincts in the state of Victoria for gaming income in both clubs and hotels. Wyndham also records very high levels of sales for packaged liquor and the convenience of drive through bottle shop. The Bridge Hotel does not presently cater for either market.
The property has a wide frontage of 40 metres and depth of 100 metres and access to Wattton and Synnot Street's providing a unique opportunity to manage traffic flow entering and exiting the site.
Additional adjoining Lots A, B and D are also available individually.
Lot A : 193 Watton Street, Land Area: 1,021m2
Lot B : 86 Synnot Street, Land Area: 1,012m2
Lot D : 201 Watton Street, Land Area : 3,568m2 Toyota Car Dealership
Property Highlights:
- Full general licence
- Access to Watton & Synnot Street's
- Adjoining freeholds available
- Close to all major facilities and arterials
- Within a major growth centre
- A proactive council
- The activity centre zone
Property ID: 501537551Last Updated: 2 Oct 2019
04114233...
197 - 199 Watton Street
Werribee, VIC 3030
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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