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33 Lemon Avenue
Mildura VIC 3500
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Sold on 18 Nov 2023

33 Lemon Avenue Mildura VIC 3500

  • Hotel, Motel, Pub & Leisure
  • 450 m²
  • Sold

Tenanted Investment Opportunity - 8.5% Net Return

    Seldom offered is the opportunity to acquire a top performing inner city securely leased investment property. Operated as Workers Accommodation which is in very high demand due to the expansive local agricultural industry.
    This 475m2 property is licensed to accommodate 45 guests with a variety of bedroom configurations, upgraded fire & safety systems and security cameras in all common areas, offering a safe environment for guests.
    Key features include:
    * Secure Lease to 30.6.2026 with 1 x further 3 year option
    * Rental income of $93,600 per annum + GST - All outgoings paid by tenant
    * Large, well equipped industrial kitchen with coolroom & large dining area
    * 12 bedrooms, 4 bathrooms, theatre room
    * Laundry complex
    * Private & secure courtyard
    * Secure rear lane access
    * Mixed Use zoned (MUZ)
    * Safe & secure accommodation walking distance to CBD & Riverfront
    Call today to arrange an inspection.

    Professionals Mildura
    Professionals Mildura
    83 Deakin Avenue
    Mildura, VIC 3500

    Property Highlights

    Date Sold18 Nov 2023
    Floor Area450 m²
    Land Area475 m²
    ParkingAsk Agent
    Property ID2018800681
    Category
    Last updated  4 Dec 2023
    Map for 33 Lemon Avenue Mildura VIC 3500
    Professionals Mildura
    Professionals Mildura
    83 Deakin Avenue
    Mildura, VIC 3500

    Property Highlights

    Date Sold18 Nov 2023
    Floor Area450 m²
    Land Area475 m²
    ParkingAsk Agent
    Property ID2018800681
    Category
    Last updated  4 Dec 2023

    Listed by

    Tony Roccisano
    Professionals Mildura
    Call
    0418 502 101

    More about 33 Lemon Avenue Mildura VIC 3500

    33 Lemon Avenue Mildura VIC 3500 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 450 m² and a land area of 475 m². The listing ID for this property is 2018800681.

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