Address available on request,
Derrinallum, VIC 3325
Hotel, Motel & Leisure
Price information
Sale
Investment - Price on Application
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map
Mount Elephant Hotel Motel
CRE Brokers are thrilled to offer the opportunity to purchase the Freehold Passive Investment of the Mount Elephant Hotel Motel, located on a prime corner in the township of Derrinallum and the only hotel motel in town, situated on the main highway between Geelong and Hamilton.
Set on 6,070 sqm of Township Zoned Land and comes to market for the first time since 2008, with a long 25 year lease and over 8% return.
The single level brick building comprises of a spacious public bar with new beer system, walk in independent bottle shop, large bistro which also provides space that can be divided into two areas for functions seating around 60 customers.
A new added beer garden / alfresco area, a large fully renovated commercial kitchen, smoker's area which is accessible from the public bar, huge off street carpark and private residence with 2 bedrooms, bathroom, living/dining area and finally an 8 room full ensuite motel which has been fully renovated with new beds, TV's, air-cons and furniture complete this amazing hotel.
Opportunities to purchase hotels of this quality which have been extensively renovated don't come along too often, so book an inspection now.
Set on 6,070 sqm of Township Zoned Land and comes to market for the first time since 2008, with a long 25 year lease and over 8% return.
The single level brick building comprises of a spacious public bar with new beer system, walk in independent bottle shop, large bistro which also provides space that can be divided into two areas for functions seating around 60 customers.
A new added beer garden / alfresco area, a large fully renovated commercial kitchen, smoker's area which is accessible from the public bar, huge off street carpark and private residence with 2 bedrooms, bathroom, living/dining area and finally an 8 room full ensuite motel which has been fully renovated with new beds, TV's, air-cons and furniture complete this amazing hotel.
Opportunities to purchase hotels of this quality which have been extensively renovated don't come along too often, so book an inspection now.
Additional information
External websites
Property ID: 504622432Last Updated: 28 Sep 2024
04389189...
Address available on request
Derrinallum, VIC 3325
CRE Brokers - AustraliaUnit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$2,200,000
Aquila Eco Lodges, 586 Victoria Valley Road,Dunkeld, VIC 3294 377 m²Hotel, Motel & Leisure