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Lamartine Hotel - 1p3889h

Commercial Property for Sale
Lamartine
St Arnaud VIC

Prominent Historical Building & Property. With Regional Victoria booming this site offers a golden opportunity.

Price $390,000

Lamartine Hotel - 1P3889H

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Lamartine is prominently positioned in the heart of St Arnaud. Formerly the Manchester Arms Hotel, Lamartine is an historic building circa 1907. The property has undergone extensive renovations in recent years and retains many period features and all of its charm. No heritage overlay to restrict development.

Set on approximately 1164.8m2 of Commercial 1 Zoned land this is a unique property that currently features a large double storey hotel, shop (27.3m2), proposed art studio & gallery (68.6m2) plus large gardens (860m2).

This opportunity afford numerous possibilities for the savvy home seeker or developer wanting to create a very special blueprint for success. Huge upside, potentially lease out shops with passive income whilst creating your vision.

Lamartine has a vast floor plan with excellent size rooms. The 2nd storey is currently configured to include 2 apartments, 8 hotel rooms, lounge room, shared bathrooms and has already been fitted with hard-wired smoke alarms and an existing compliant fire escape.

Use the current commercial facilities to create your own establishment, further develop (STCA) or totally reimagine this beautiful property into something entirely different - the possibilities here are endless!

Could this be your dream home in the centre of town or have you another vision?

Contact Seller

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Contact: Phil Mammolito
Phone: 03 9580 5600
Mobile: 0438 371 094
Bsale ID: 271963




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