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Freehold Investment Package Comprising 2 Properties Plus Retail Outlet - Maryborough, Vic

Freehold price: $775,000 WIWO

70 Inkerman St, Maryborough, Victoria

Freehold Investment Package Comprising 2 Properties Plus Retail Outlet - Maryborough, Vic

If you're seeking a secure Super investment that offers not only bricks-and-mortar, but also an easy income, this is it!
Located in the historic town of Maryborough, Victoria - an area that is increasingly popular with tourists and close to the Central Business District, this excellent package includes two properties plus a business, on two titles (269sqm and 460sqm), with plenty of income potential.

Excellent location on the Pyrenees Highway, 58km from Ballarat, 57km from Bendigo and 168km from Melbourne
Freehold opportunity to own 1 heritage-listed property, a modern unit, plus a retail outlet
The business (Bristol House Accommodation) comprises all chattels and guest list as going concern
PROPERTY 1
2-storey building with attached retail outlet (Corner Store), kitchen, laundry, bungalow and carports
Private living quarters include a double bedroom with ensuite, kitchen/living area and storage room
PROPERTY 2
2-bedroom unit with open plan kitchen and living, toilet, bathroom with shower, bath and hand basin, laundry, courtyard and storage shed
CORNER STORE
Currently operating as a fashion outlet, the Corner Store would lend itself to the establishment of a restaurant or coffee shop (STCA). Originally built as a hotel, it was previously a food outlet.

Now ready to retire, the current owner has enjoyed a good income from these properties for 15 years. The 2 residences are used for short-stay accommodation, while the shop returns a good rental income.
A new owner has several lucrative options:
• Live in and earn a passive income
• Ramp up the accommodation business and cash in on the growing tourism industry
• Seek approval for a food outlet, or
• Sell off the properties separately

Freehold price: $775,000 WIWO; Offers Considered

Business Links / Tools

Last updated: 11th April 2017

Summary

Property Type
Business
Contract Type
For Sale
Location
 Maryborough
State
 Victoria
Price
Freehold price: $775,000 WIWO
Category
  • Hotel

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Coast to Coast Media

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Coast to Coast  Media

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