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43 Olinda Monbulk Road
Olinda VIC 3788
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43 Olinda Monbulk Road Olinda VIC 3788

  • Hotel, Motel, Pub & Leisure
  • 227 m²
  • For Sale, $2,050,000 - $2,175,000 + GST

Prominent Freehold Property with Long-Term Tenant

    Incredible commercial investment opportunity
    Prominent long-term tenants in prime Olinda location
    Paid parking offering a secondary stream of income
    Potential for upper level roofline development
    Expressions of interest
    For GST purposes, this property is being sold as going concern

    This high-profile freehold building with established, long-term lease in place is an unparalleled opportunity to secure dual income streams and potential for further development (STCA). Being offered to market for the first time since its original construction, this is an opportunity not to be missed. Highlights include:

    - Rental yields of 5-6% expected
    - Substantial long-term rental returns
    - Decades-long ongoing lease with option for continued renewal
    - Beautiful indoor and outdoor door dining
    - Significant foot traffic location
    - Top Dandenong Ranges tourist destination

    Property Highlights

    Floor Area227 m²
    Land Area251 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019288113
    Category
    Last updated  30 Jul 2024
    Map for 43 Olinda Monbulk Road Olinda VIC 3788

    Property Highlights

    Floor Area227 m²
    Land Area251 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019288113
    Category
    Last updated  30 Jul 2024

    Listed by

    Glenn Gardiner
    Fletchers Yarra Ranges
    Call
    0418 376 144

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