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Freehold Investment Hotel - 1P4714H

Business for Sale
Healesville VIC

Freehold Investment of the Iconic Grand Hotel.

Price Investment $3,650,000

Freehold Investment Hotel - 1P4714H

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The hotel has been trading since 1880 and this is your opportunity to own part of Healesville's history.

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.

Contact Seller

Contact: Kevin Connolly
Phone: 1300 767 802
Mobile: 0412 772 290

Bsale ID: 275507
Agent ID: 1P4714

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