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Commercial
61-65 Victoria Parade, Collingwood, VIC, 3066

Property details

  • Property ID:
    12375
  • For Sale:
    Contact Agent
  • Area:
    520.00 m2 (*approx)
  • Type:

    Commercial: Other

  • Development Potential:
    Commercial development Opportunity (STCA)
  • View Brochure:
Agency information
Theo George

Overview

FREEHOLD & BUSINESS (VACANT POSSESSION)

This rare opportunity offers such flexibility that it is few & far between

Situated at the corner of Victoria Parade & Cambridge Street, this premium opportunity offers the flexibility to either redevelop this strategic corner property or to continue operating the current & successful Baden Powell Hotel including 12 accommodation suites – the option is yours.

Should you decide to redevelop, you may choose to operate the hotel whilst making application to council for your preferred scheme, or you may decide to sell the hotel business & retain this asset as an investment. If you’re a hotel operator there is plenty of scope to further improve the operation of the Baden Powell. Again the choice is entirely yours.

  • Only 3Km from the Melbourne CBD
  • Strategic, prominent corner location
  • Commercial 1 Zoning
  • Land size 520m2 *
  • Vacant Possession - offered as a going concern
  • Fully fitted hotel currently operating
  • All plant, equipment, stock (at valuation) & furniture included
  • Walk in Walk out proposition
  • Rare 3am liquor licence
  • Redevelop site STCA – Residential / Commercial / Mixed Use
  • Suits the most astute property developer, hotel operator or investor

Remember to mention you found this property on DevelopmentReady.com.au

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