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9 Aberdeen Street, Geelong, Vic 3220

9 Aberdeen Street, Geelong, Vic 3220

Hotel/Leisure

  • For Sale
  • Contact Agent
  • For Sale

  • Floor Area
  • 2,233 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 14, 2017

Interested in this property? Contact an Agent today

Nelson Alexander Commercial - FITZROY

187 Gertrude St

Fitzroy Vic 3065

Simon Verduci, Nelson Alexander Commercial - FITZROY
Simon Verduci

OUTSTANDING INVESTMENT OPPORTUNITY

Nelson Alexander Commercial are delighted to offer for Sale by Expressions of Interest, this outstanding commercial investment opportunity, currently operating as "The Aberdeen Motor Inn" and comprising an existing 36 rooms licensed Motor Inn, situated on a substantial land holding of some 2233sqm (approx).

This truly rare opportunity to acquire such a substantial parcel of land only 3 minutes from the heart of the Geelong City Centre is simply an opportunity not to be missed.

Key Property Features:-

* Securely lease to established tenants trading as "Aberdeen Motor Inn"
* Substantial rectangular land holding of 2233sqm (approx)
* Residential Growth Zoning
* 36 room Motor Inn plus 2 bedroom managers residence
* Unbeatable location only 3 minutes to Geelong City Centre
* Bay views from upper floors
* Securely leased until 5th November 2020 plus 2 further 5 years options.
* Current passing rental income of $142,700 pa (approx) plus GST and outgoings
* An exceptional land holding with significant future re-development potential (STPA)
* A truly rare investment opportunity simply not to be missed
* Existing liquor

9 Aberdeen Street, Geelong, Vic 3220

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