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151-153 Hoddle Street Richmond, VIC 3121

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151-153 Hoddle Street,
Richmond, VIC 3121

Hotel, Motel & Leisure • Development Sites & Land • Shops & Retail

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Map of 151-153 Hoddle Street

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Two Level Residential Freehold – Commercial Lease in Place

  • Reputable business since circa 1990
  • Long term 'Commercial' Net Lease
  • Annual fixed 3% rent increases
Secure 5 year lease to 2019 plus further options through to 2029
Thriving and reputable hostel since circa 1990 with excellent occupancy history and repeat international clientele
Annual fixed 3% increases
Lessee pays usual outgoings as per standard ‘commercial’ lease
Well maintained 382 sqm solid brick building over two levels
Recent improvements include new roof and upgrade to bathrooms
277 sqm corner site, with dual frontage of 38.91 metres
General Residential Zone (GRZ3)
Strategic inner city location close to all amenities - trains, trams etc and easy walk to Melbourne CBD
Rent: $122,003 pa (July 2017)

Property ID: 502422710Last Updated: 1 Jun 2020

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151-153 Hoddle Street
Richmond, VIC 3121
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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