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Hotel/Leisure

47 Glendale Avenue Hastings, VIC 3915

Sold on 8 Dec 2016Floorplan
  • Building: 230m²
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Hotel/Leisure in Hastings

Circa 8% net - Freehold Commercial Investment - Clear Instructions To Sell

  • Building: 230m²

Purpose built freehold facility with long term tenancy. Tilt slab construction for low maintenance an investment with this return are rarely found.
The owner has given clear instructions that a result is needed as soon as possible.

Property features include:-

  • 5+5+5 year Lease
  • $45,894 pa net
  • Land area: 600sqm*
  • Building area: 230sqm*
  • Industrial 3 Zone (IN3Z)
  • 3% Annual rent reviews
  • Freestanding freehold
  • Pre-cast concrete construction

Inspection - Tuesday 6th December 2016 at 1:00-1:30PM

AUCTION: 6th December 2016 7pm
Venue: In room at the Ray White Ferntree Gully Office. 5/1849 Ferntree Gully Road, Ferntree Gully

Contact Paul Waterhouse or Stefanie Taylor for more information.

Building:

230m²

Zone:

Industrial 3 Zone (In3z)

Categories:

Hotel/Leisure, Retail, Showrooms/Bulky Goods

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

47 Glendale Avenue, Hastings, VIC 3915