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Regular Income With Potential Development / Improvement For Sale

Kangaroo Flat, Victoria, Australia
Asking Price:
Undisclosed
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed
  • High exposure site with land size – Approx. 6000 sqm2
  • Currently running as a Motel, with 32 rooms full kitchine & restarant, swinming pool
  • Current lease in-place, with Yield 4%+ approx.
  • Main Road to Bendigo, with large bus parking avalaible
  • Direct cross to Bendigo Homemake centre, next to Lansell Shopping Centre. 10 minutes’ drive to Bendigo Art Gallery and the Golden Dragon Museum. 1.5 hours by car to Melbourne.
  • Large front part of vacant land potential for Development. (STCA)