Limerick Arms Hotel 364 Clarendon Street,
South Melbourne, VIC 3205
Hotel, Motel & Leisure • Shops & Retail
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Colliers - Melbourne
Level 30, 367 Collins StreetMELBOURNE, VIC 3000
Limerick Arms Hotel 364 Clarendon Street
South Melbourne, VIC 3205
Map of Limerick Arms Hotel 364 Clarendon Street
High Profile Clarendon Street Corner
- Securely Leased Investment
- 347sqm Commercial 1 zoned land holding
- Triple street frontage
Colliers and Cropley Commercial are pleased to offer for sale the freehold interest in the prominently located Limerick Arms Hotel positioned on the corner of Clarendon and Park Streets, South Melbourne.
The Limerick Arms Hotel benefits from a long established tenant and strong underlying lease providing the ideal investment for an astute investor. With fixed rental increases and a increasingly affluent surrounding population the Limerick Arms is underpinned by its commercial 1 zoning in one of Melbourne’s most popular retail strips.
Property Highlights:
• City Fringe location in premium residential suburb
• Securely leased investment to an experienced tenant
• Initial lease term of 10 years with 3 years remaining and further options of five and ten years.
• Fixed annual rental increases to 2029
• Quality improvements featuring multiple trading areas including public bar, dining room, function spaces and accommodation rooms
• Strong market catchment, with high disposable income driving tenants business performance
• Large footpath trading area
• Located only 2.2km from the Melbourne CBD with trams passing the property.
An ideal city fringe investment not to be missed.
The property is offered for sale by Expressions of Interest closing Wednesday 26 May at 4pm (AEST).
For further information, please contact the selling agents listed below.
COLLIERS:
Guy Wells
0405 612 416
Oliver Hay
0419 528 540
Tom Isaksson
0422 154 570
CROPLEY COMMERCIAL:
George Iliopulos
0414 374 1...
The Limerick Arms Hotel benefits from a long established tenant and strong underlying lease providing the ideal investment for an astute investor. With fixed rental increases and a increasingly affluent surrounding population the Limerick Arms is underpinned by its commercial 1 zoning in one of Melbourne’s most popular retail strips.
Property Highlights:
• City Fringe location in premium residential suburb
• Securely leased investment to an experienced tenant
• Initial lease term of 10 years with 3 years remaining and further options of five and ten years.
• Fixed annual rental increases to 2029
• Quality improvements featuring multiple trading areas including public bar, dining room, function spaces and accommodation rooms
• Strong market catchment, with high disposable income driving tenants business performance
• Large footpath trading area
• Located only 2.2km from the Melbourne CBD with trams passing the property.
An ideal city fringe investment not to be missed.
The property is offered for sale by Expressions of Interest closing Wednesday 26 May at 4pm (AEST).
For further information, please contact the selling agents listed below.
COLLIERS:
Guy Wells
0405 612 416
Oliver Hay
0419 528 540
Tom Isaksson
0422 154 570
CROPLEY COMMERCIAL:
George Iliopulos
0414 374 1...
Property ID: 503810950Last Updated: 21 Jul 2021
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
CROPLEY COMMERCIAL PTY LTDLevel 8, 468 St Kilda Road
MELBOURNE, VIC 3004
MELBOURNE, VIC 3004
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