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232-238 High Street Kangaroo Flat, VIC 3555

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232-238 High Street,
Kangaroo Flat, VIC 3555

Hotel & Leisure

Price information

Sale

$3,800,000

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map of 232-238 High Street

Directions
  • Train stations within 5 km of 232-238 High Street, Kangaroo Flat, VIC 3555Distance
    Kangaroo Flat Station1.2 km
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  • Bus stops within 5 km of 232-238 High Street, Kangaroo Flat, VIC 3555Distance
    Crusoe Rd/High St (Kangaroo Flat)97 m
    Wesley St/High St (Kangaroo Flat)108 m
    Crusoe Rd/Queen St (Kangaroo Flat)292 m
    Phillips Dr/High St (Kangaroo Flat)352 m
    Laxdale Ct/High St (Kangaroo Flat)378 m
    POWERED BY HERE ©
POWERED BY HERE ©

PRICE DROP! Perfectly positioned Established Bendigo Motel

This commercial property is located in Bendigo, the fabulous city in Victoria, 150 kilometers(1.5 hours drive) away from the CBD of Melbourne. The city was built during Gold Rush and it is a check-in destination nowadays. The property is located in the center of Bendigo, covering an area of about 6,000 square meters and a construction area of 3,000 square meters, including 32 rooms, kitchen, restaurant, swimming pool, outdoor barbecue, etc. The large parking lot can even accommodate large passenger cars. The current annual rent is about 120,000 Australian dollars. The property is strategically located, close to shopping centers, only 10 minutes by bus to Bendigo Art Gallery, Golden Dragon Museum, and other attractions. There is still a large area of vacant land in front of the property which is able to build residential houses (Subject to Council Approval). Currently, the tenant's lease for the hotel business has two more years to expire. Owner of the property at that time can choose either keep renting it or take the business by him/herself. It's pretty much like getting a hotel business for no extra cost. Ideal for smart buyers who want a risk-free rental return or who want to run a motel business. This property can be purchased by overseas buyer and can provide loan guarantee.

For further information or to arrange an inspection, please call Cathy
04999882...

*Disclaimer: The vendors and agents will not give any warranties as to mistakes, all information we provided is from sources we believe to be reliable, however prospective purchasers should satisfy themselves by open inspection and investigation on their own, or otherwise, as to the accuracy of the particulars.

Property ID: 504069795Last Updated: 29 Jun 2022

04999882...
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232-238 High Street
Kangaroo Flat, VIC 3555
Ozcapital Real Estate - Box Hill
Level2,990 Whitehorse road
BOX HILL, VIC 3128
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