Backpacker Hostel, 33 Lemon Avenue,
Mildura, VIC 3500
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of Backpacker Hostel, 33 Lemon Avenue
Tenanted Investment Opportunity - 8.5% Net Return
Seldom offered is the opportunity to acquire a top performing inner city securely leased investment property. Operated as Workers Accommodation which is in very high demand due to the expansive local agricultural industry.
This 475m2 property is licensed to accommodate 45 guests with a variety of bedroom configurations, upgraded fire & safety systems and security cameras in all common areas, offering a safe environment for guests.
Key features include:
* Secure Lease to 30.6.2026 with 1 x further 3 year option
* Rental income of $93,600 per annum + GST - All outgoings paid by tenant
* Large, well equipped industrial kitchen with coolroom & large dining area
* 12 bedrooms, 4 bathrooms, theatre room
* Laundry complex
* Private & secure courtyard
* Secure rear lane access
* Mixed Use zoned (MUZ)
* Safe & secure accommodation walking distance to CBD & Riverfront
Call today to arrange an inspection.
This 475m2 property is licensed to accommodate 45 guests with a variety of bedroom configurations, upgraded fire & safety systems and security cameras in all common areas, offering a safe environment for guests.
Key features include:
* Secure Lease to 30.6.2026 with 1 x further 3 year option
* Rental income of $93,600 per annum + GST - All outgoings paid by tenant
* Large, well equipped industrial kitchen with coolroom & large dining area
* 12 bedrooms, 4 bathrooms, theatre room
* Laundry complex
* Private & secure courtyard
* Secure rear lane access
* Mixed Use zoned (MUZ)
* Safe & secure accommodation walking distance to CBD & Riverfront
Call today to arrange an inspection.
Property ID: 504429364Last Updated: 18 Jan 2024
04185021...
Backpacker Hostel, 33 Lemon Avenue
Mildura, VIC 3500
Professionals Mildura Real Estate - 83 Deakin Avenue
MILDURA, VIC 3500
MILDURA, VIC 3500
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.