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Yarram 287 Commercial Road

  • 1997 m2
Price: Contact Agent

Page URL:
/commercial/287-commercial-road-yarram-vic-3971-137764

Yarram Club Hotel Freehold

The Yarram Club Hotel (Freehold Investment) Let’s Drink to That!

Raise your glasses for this impressive freehold investment opportunity. Built in 1912, the distinctive Yarram Club Hotel dominates the main street of the town providing a variety of function rooms, a beautifully renovated glasshouse restaurant/bistro and comfortable accommodation.

Yarram is located 220 km south-east of Melbourne via the Princes Highway and Hyland Highway. The town is the regional centre of a prosperous farming district, a strong tourism industry and is underpinned by a vibrant and proud community spirit. Nearby attractions include the Tarra Bulga National Park, Port Albert, Ninety Mile Beach and Agnes Falls all within a 30-minute drive.

The Yarram Club Hotel is a family friendly country pub boasting the following features:

• Liquor Licence: Lounge Bar/Bistro LM1 (160 persons)

• 23 bedrooms offering comfortable accommodation with shared bathroom, kitchen and lounge facilities

• Fully equipped commercial kitchen

• Public Bar & Pool Room

• 3 function rooms

• Attractive Beer Garden

• 3-bedroom Managers residence and office

• Ample on-site parking spaces at rear

Lease particulars:

• Operated by a highly professional, hard-working and dedicated team

• Current rental: $78,000 per annum plus GST

• New five (5) years commenced 1st June, 2018

• Further terms: Four (4) further terms each of five (5) years

• Rent reviews: Annual CPI increases on the anniversary of Lease Commencement and to Market Value at the commencement of any Further Term

• Tenant reimburses all statutory outgoings except Land Tax

Property Highlights

• Historic Yarram landmark built in 1912

• Land area: 1,997 sq m approx

• Substantial 2 level brick building of 1606 sqm* over 2 levels

• 30m frontage to Commercial Road

• Rear parking allotment for 15 cars

• Rear access from Commercial Lane

• Woolworths located at rear of the property

• Zoned Commercial 1

Contact:

Nick Mavrodoglos - 0402 318 825

Charles Carty – 0438 277 050

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel: 03 9690 6000 Fax: 03 9690 4399
commercial@hockingstuart.com.au