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The Montague Hotel 355 Park Street, South Melbourne, Vic 3205

The Montague Hotel 355 Park Street, South Melbourne, Vic 3205

Hotel/Leisure Retail

  • Sold Contact Agent
  • Tue 23-Mar-21

POPULAR SOUTH MELBOURNE CORNER

  • Securely Leased Investment
  • 281sqm land holding
  • Triple street frontage

  • Floor Area
  • 0 m²
  • Last Updated
  • Apr 10, 2021

Interested in this property? Contact an Agent today

Colliers - Melbourne

Level 30, 367 Collins Street

Melbourne Vic 3000

POPULAR SOUTH MELBOURNE CORNER

Colliers International and Cropley Commercial are pleased to offer for sale the freehold interest in the Montague Hotel situated on the doorstep of the Melbourne CBD in the fringe suburb of South Melbourne.

The Montague Hotel is a popular local venue with a strong following and an established tenant serving quality food and beverages. Positioned on a prominent corner with extensive dining and service areas, which will continue to service the local community while providing an ideal investment opportunity to an astute investor.

Property Highlights:
• City Fringe location in premium residential suburb
• Securely leased investment to an experienced tenant
• Strong rental upside, market review in late 2022
• Quality improvements featuring multiple trading areas
• Strong market catchment, with high disposable income driving tenants business performance
• Large footpath trading and limited surrounding competition

The property is offered for sale by Expressions of Interest closing Wednesday 14 April at 4pm (AEST).

For further information, please contact our experts listed below.

Guy Wells
0405 612 416

The Montague Hotel 355 Park Street, South Melbourne, Vic 3205

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