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149 Nicholson Street
Orbost VIC 3888
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Sold on 10 May 2024

149 Nicholson Street Orbost VIC 3888

  • Hotel, Motel, Pub & Leisure
  • 2,600 m²
  • Sold, $625,000

UNDER OFFER

    HISTORIC COMMERCIAL FREEHOLD

    Marshall's Commonwealth Hotel - A Historic Gem for Your Portfolio!

    Seize the opportunity to own the most iconic building in Orbost - Marshall's Commonwealth Hotel! This solid brick masterpiece, standing since 1901, proudly graced the corner of Salisbury and Nicholson Streets for over 121 years.

    Property Highlights:

    • Extensive street frontage: Approx. 50m along Nicholson Street and 38m along Salisbury Street.
    • Spacious land holding: Approximately 1800 sqm, offering versatility for your investment portfolio.

    Investment Potential:
    This freehold property comes loaded with potential! Envision the future:

    • Revive and Prosper: Renovate and reopen as the 'Go-To Pub,' capturing the charm of its historic past. (Hotel retains all rights and liquor license to trade)
    • Diversify Income Streams: Transform this majestic building into retail space, unlocking opportunities for multiple rental incomes as a passive investment.
    • Orbost's Historical Landmark: Embark on a journey through Orbost's rich history with this significant property. The region eagerly awaits the revival of this iconic building, making it a project of community-wide support.

    For further details on this unparalleled freehold opportunity, contact Luke Oakley with Orbost Real Estate. With convenient accessibility seven days a week, your path to a historic investment awaits!

    Contact Luke Oakley:
    Phone: 0457 600 895

    Don't miss the chance to be a part of Orbost's legacy. Invest in a piece of history and give it a bright future, invest in Marshall's Commonwealth Hotel!

    ORBOST REAL ESTATE
    ORBOST REAL ESTATE
    119 Nicholson Street
    Orbost, VIC 3888

    Property Highlights

    Date Sold10 May 2024
    Sold Price$625,000
    Floor Area2,600 m²
    Land Area1,867 m²
    ParkingAsk Agent
    Property ID2018193107
    Category
    Last updated  24 Jul 2024
    Map for 149 Nicholson Street Orbost VIC 3888
    ORBOST REAL ESTATE
    ORBOST REAL ESTATE
    119 Nicholson Street
    Orbost, VIC 3888

    Property Highlights

    Date Sold10 May 2024
    Sold Price$625,000
    Floor Area2,600 m²
    Land Area1,867 m²
    ParkingAsk Agent
    Property ID2018193107
    Category
    Last updated  24 Jul 2024

    Listed by

    Luke Oakley
    ORBOST REAL ESTATE
    Call
    0457 600 895

    More about 149 Nicholson Street Orbost VIC 3888

    149 Nicholson Street Orbost VIC 3888 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 2,600 m² and a land area of 1,867 m². The listing ID for this property is 2018193107.

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