+ 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
Remember to mention you found this property on DevelopmentReady
669 Whitehorse Road, Mitcham, VIC 3132