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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

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!

    Property Highlights

    Date Sold10 May 2024
    Floor Area2,600 m²
    Land Area1,867 m²
    ParkingAsk Agent
    Property ID2018193107
    Category
    Last updated  18 Jun 2024
    Map for 149 Nicholson Street Orbost VIC 3888

    Property Highlights

    Date Sold10 May 2024
    Floor Area2,600 m²
    Land Area1,867 m²
    ParkingAsk Agent
    Property ID2018193107
    Category
    Last updated  18 Jun 2024

    Listed by

    ORBOST REAL ESTATE
    Call
    0457 600 895

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