Limerick Arms Hotel 364 Clarendon Street South Melbourne VIC 3205

Colliers and Cropley Commercial are pleased to offer for sale the freehold interest in the prominently located Limerick Arms Hotel positioned on the corner of Clarendon and Park Streets, South Melbourne.

The Limerick Arms Hotel benefits from a long established tenant and strong underlying lease providing the ideal investment for an astute investor. With fixed rental increases and a increasingly affluent surrounding population the Limerick Arms is underpinned by its commercial 1 zoning in one of Melbourne's most popular retail strips.

Property Highlights:
City Fringe location in premium residential suburb
Securely leased investment to an experienced tenant
Initial lease term of 10 years with 3 years remaining and further options of five and ten years.
Fixed annual rental increases to 2029
Quality improvements featuring multiple trading areas including public bar, dining room, function spaces and accommodation rooms
Strong market catchment, with high disposable income driving tenants business performance
Large footpath trading area
Located only 2.2km from the Melbourne CBD with trams passing the property.

An ideal city fringe investment not to be missed.

The property is offered for sale by Expressions of Interest closing Wednesday 26 May at 4pm (AEST).

For further information, please contact the selling agents listed below.

COLLIERS:
Guy Wells
0405 612 416

Oliver Hay
0419 528 540

Tom Isaksson
0422 154 570

CROPLEY COMMERCIAL:
George Iliopulos
0414 374 161