4 Spence Street,
Warrnambool, VIC 3280
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map of 4 Spence Street
Well Located Freehold Investment
Better known as the City Heart Motel 4 Spence Street represents an outstanding, fully leased investment opportunity in the thriving seaside city of Warrnambool.
Set on a site of some 1007m2 it is positioned strategically within easy walking distance of the CBD’s café, restaurant and retails stores and is bordered by one the city’s highest land value residential areas.
Key attributes include net income of $77,416.37 per annum, current lease term until 31 July 2023 with 4x 5-year options remaining, 17 rooms plus managers residence.
Set on a site of some 1007m2 it is positioned strategically within easy walking distance of the CBD’s café, restaurant and retails stores and is bordered by one the city’s highest land value residential areas.
Key attributes include net income of $77,416.37 per annum, current lease term until 31 July 2023 with 4x 5-year options remaining, 17 rooms plus managers residence.
Property ID: 503958478Last Updated: 18 Feb 2022
04973436...
4 Spence Street
Warrnambool, VIC 3280
Harris & Wood - WARRNAMBOOL192 Koroit Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
More properties from Harris & Wood - WARRNAMBOOL
Other properties you might be interested in based on the location and property type you are looking at.
