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JLL - Hotels & Hospitality Group

The Emerald Hotel, 415 Clarendon Street South Melbourne, VIC 3205

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The Emerald Hotel, 415 Clarendon Street,
South Melbourne, VIC 3205

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JLL - Hotels & Hospitality Group
The Emerald Hotel, 415 Clarendon Street
South Melbourne, VIC 3205
JLL - Hotels & Hospitality Group

JLL - Hotels & Hospitality Group

Level 25, 420 George Street
SYDNEY, NSW 2000

Map of The Emerald Hotel, 415 Clarendon Street

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Offered for first time in 48 years

JLL Hotels & Hospitality Group is delighted to exclusively offer for sale the freehold interest in South Melbourne's long-standing and local institution, The Emerald Hotel.

The property is prominently positioned on Clarendon Street, South Melbourne's main commercial & retail strip, within minutes to the Melbourne CBD and Crown Casino, and a short walk to Albert Park Lake.

Highlights include:

• Favourable Commercial 1 Zoning providing future development potential (STCA)
• High profile 667sqm* corner site on South Melbourne’s main commercial & retail strip
• Traditional pub featuring a large bistro, restaurant, sports bar with TAB facilities, courtyard/beer garden and an alfresco dining option on Clarendon Street
• Experienced tenant in place with near term Vacant Possession providing the ability renegotiate the lease or occupy in the near future
• Current net rental of $174,454 + GST plus outgoings
• Proximate to around 100 new residential developments
• Property presents in excellent condition both externally and internally

Occupy in the short term, invest for the long term, re-develop for the future

For sale by Expressions of Interest closing Friday 4 December 2020 at 4:00pm (AEDT)

Property ID: 503698346Last Updated: 2 Mar 2021

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JLL - Hotels & Hospitality Group
Level 25, 420 George Street
SYDNEY, NSW 2000
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Will Connolly

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Will Connolly
JLL - Hotels & Hospitality Group
The Emerald Hotel, 415 Clarendon Street South Melbourne, VIC 3205

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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