Contract type | Sale |
---|---|
Price | Expression of Interest |
Enquire Now |
15 - 16 HALL STREET, NEWPORT VIC
• Land area 1197 sqm with massive frontage of 27.33m together with rear lane access
• Building area 1500 sqm comprising of stunning hotel / bar with highly regarded restaurant, wine bar, large function area, well presented first floor, rooms and function zones
• Long lease to established and quality operator at the current rent of $208,000 with 4% annual increases
• Scope for significant rental uplift
• Huge development upside with array of development opportunities (stca)
• Undisputed growth location offering significant sustained long term capital appreciation
• Commercial 1 Zone
• Licensed premises for 200 patrons
For Sale by Expression of Interest closing Thursday 30th of May at 2PM