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Grand Hotel - 1p4714h

Commercial Property for Sale
Grand Hotel
Healesville VIC

Freehold Investment of the Iconic Grand Hotel. The hotel has been trading since 1880 and this is your opportunity to own part of Healesville's history.

Price $3,650,000

Grand Hotel - 1P4714H

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The Grand Hotel comprises a three story purpose built hotel offering a public bar, grand dining room / bistro, commercial kitchen, a delightful shade covered beer garden, drive through bottle shop and 16 refurbished accommodation rooms.

The Grand Hotel is developed over a large corner site of 1,517m2 (approx.) that is zoned for Commercial 1 use.

This investment is secured by a new 30 year lease (5 year + 5 x 5 year options) that commenced in February 2019. The current passing rent is $208,000 pa + GST and usual outgoings, and there are annual CPI increases.

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Contact: Kevin Connolly
Phone: 03 9580 5600
Mobile: 0412 772 290
Bsale ID: 272354

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