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50 Geelong Road Footscray, VIC 3011

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50 Geelong Road,
Footscray, VIC 3011

Hotel, Motel & Leisure

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$3,160,000

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Map of 50 Geelong Road

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MOTEL INVESTMENT - "THE PALMS MOTEL"

50 Geelong Road, Footscray

*****AUCTION POSTPONED - NEW DATE: THURSDAY 2 SEPTEMBER AT 3PM*****

Ideally located motel of 36 rooms, restaurant and manager's residence

> New lease to Department of Huiman Services, returning $312,000 p.a.
> 2 + 1 lease from June 2010
> Land area 2,985 sqm
> Zoned Residential 1
> Outstanding future development potential
> Walking distance to Footscray Central, Victoria University and public transport

Contact:
Lou Montalti 0411 553 147
Nick Breheny 0418 366 576

Property ID: 5683869Last Updated: 10 Apr 2015

03 9421 70...
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50 Geelong Road
Footscray, VIC 3011
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