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4 Spence Street Warrnambool, VIC 3280

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4 Spence Street,
Warrnambool, VIC 3280

Hotel, Motel & Leisure

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Map of 4 Spence Street

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Well Located Freehold Investment

Better known as the City Heart Motel 4 Spence Street represents an outstanding, fully leased investment opportunity in the thriving seaside city of Warrnambool.

Set on a site of some 1007m2 it is positioned strategically within easy walking distance of the CBD’s café, restaurant and retails stores and is bordered by one the city’s highest land value residential areas.

Key attributes include net income of $77,416.37 per annum, current lease term until 31 July 2023 with 4x 5-year options remaining, 17 rooms plus managers residence.

Property ID: 503958478Last Updated: 18 Feb 2022

04973436...
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4 Spence Street
Warrnambool, VIC 3280
Harris & Wood - WARRNAMBOOL
192 Koroit Street
WARRNAMBOOL, VIC 3280
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