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52 - 56 Queens Parade Traralgon, VIC 3844

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52 - 56 Queens Parade,
Traralgon, VIC 3844

Hotel, Motel & Leisure

Price information

Sold

$1,030,000

Key property information

Floor area

Car spaces

Property extent

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Map of 52 - 56 Queens Parade

Directions

High Yielding Investment - 8.52%* Net

- 5 year lease commenced 01/02/2018 with 2 further 5 year options
- Current rent $111,100** p.a. with fixed annual increases
- Tenant pays all usual outgoings
- Iconic recreational facility
- Freestanding building with total site area of approx. 1,875m2*
- Outstanding location on the city fringe, onsite parking and further development potential (S.T.C.A)
- Easy ingress and egress to Princes Highway
- Short walk to Traralgon's CBD and Railway Station
- Building features large fitness centre, 25m indoor heated pool, open plan recreational area, separate group fitness room, manager's office and a range of change room facilities and other amenities

* approx.
** Rental amount excludes rent payable by the owner to Victrack of $4,680 for land lease.

Property ID: 503411370Last Updated: 16 Dec 2021

04125255...
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52 - 56 Queens Parade
Traralgon, VIC 3844
Wilson Property RCI
Ground Floor, 62 Church Street
TRARALGON, VIC 3844
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