700 Geelong Road,
Brooklyn, VIC 3012

Hotel, Motel & Leisure

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 700 Geelong Road

Directions

High Yielding Hotel Investment

New 10 yr lease to experienced hotelier
80m frontage to Princes Highway
3,135 sqm corner site

Secure 10 year Lease with options to 2044.
Fixed 3% rent increases.
Prominent 3,135 sqm corner site over two titles.
Outstanding 80m frontage to the high traffic Princes Highway.
Hotel includes Bar, Bistro, Lounge, drive-through Bottle Shop and Coffee Shop, TAB and central kitchen.
Separate block of 20 motel units.
Located near major arterials Western Ring Road and Westgate Freeway.
Tenant pays all usual outgoings.
Rent: $130,000 pa.

Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.

Brooklyn, 3012 demographic data

The median household income for Brooklyn is $1,958, 3% higher than Greater Melbourne's household income of $1,901. Brooklyn has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 63% of property owners in Brooklyn have a mortgage.

1,979

Population

$1,958 per week

Median household income

34 years

Median age

Owners

Most residents

Families

Most households

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