669 Whitehorse Road Mitcham VIC 3132

+ Rare freehold going concern accommodation asset in suburban Melbourne
+ Comprising 36 recently refurbished rooms with favourable configurations
+ Ideally located 20km from Melbourne CBD and Dandenong Ranges
+ Close proximity to Maroondah Hospital, Eastland Shopping Centre, and medical/emergence services
+ Opportunity for future upside/redevelopment on 5,225sqm GRZ zoned site (STCA)
+ Superior connectivity by way of Maroondah Highway and Mitcham Train Station
+ Central restaurant/bar, commercial kitchen, and 2x conference rooms
+ High profitable operation with low operational outgoings
+ Management agreement with Choice Hotels, vacant possession attainable
+ 75 Sealed parking spaces in the basement of the property

For Sale via Expression Of Interest
Closing 4pm AEST 14 September 2023