Dominant Victorian Hotel Investment Offered with 20 Year Lease

  • $5,000,000/Contact Agents

Property Description

Stonebridge Property Group and Wilson Property are pleased to present Mercure Hotel, 23 Mason Street, Warragul.

The key highlights of the opportunity include:

– Rare 20 year lease to 2035 plus 5 further 5 year options to 2060 with inflation hedged annual CPI increases

– Accor – World-leading hospitality group with a network of 45+ hotel brands and 5,600 hotels across 110 countries

– 4 star rated, 47 room hotel constructed in 2015, offering various room types and bedding arrangements for guests

– Premium hotel amenities include a two-bed manager apartment, two conference rooms, theatre and boardroom

– Located at the heart of the Warragul commercial precinct, with proximity to Warragul Station and major retailers

– Highly attractive tourism location with 1.04 million visitors annually, driven by a diverse mix of natural scenery and cultural experiences

– Baw Baw Shire – One of Victoria’s fastest growing municipalities with an annual Gross Domestic Product of $6.284 billion and $332 million of annual visitor tourism spend

– Estimated Net Income $725,122 pa* + GST

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818
如需任何国语或粤语咨询,请联系我们亚洲业务团队的Kevin Tong 汤聪瑜,联系电话: 0422 848 818,并可随时加他的微信 (WeChat ID: Kevintong3)

Wilson Property:

Ben Wilson
0412 525 542

Emily Whitty
0438 762 055

*Approximately

Property Code: 1361

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