North Port Hotel, Port Melbourne

146 Evans Street, Port Melbourne, Victoria 3207

Hotels / Retail / Retail For Sale

Auction. Date 17 Oct 2019
Land Area: 490.50 m2.    

North Port (Albion) Hotel

Description

Colliers International have the absolute pleasure of offering the Albion Hotel, Port Melbourne more recently rebranded to the North Port Hotel, at 146 Evans Street, Port Melbourne for Sale by Public Auction to be held Thursday 17th October 2019 at 12 noon onsite.

The property is exceptionally well located in the inner city suburb of Port Melbourne one of Melbourne’s rapidly evolving mixed use locations. The proximity to the Melbourne CBD and the urban renewal precinct of Fisherman’s Bend with strong mixed use growth makes this a sought after property holding as a secure investment with longer term redevelopment potential.

This hotel is a rare opportunity to acquire a freehold hotel investment, with no other hotels of this kind offered to market during 2019.

Key features include:

-Inner city residential zoned allotment
-Long term lease with CPI increases
-Strong population growth in surrounding area
-Corner location with established and longstanding business
-Direct access to the Melbourne CBD via the light-rail tram route.
-Situated within a rapidly evolving precinct at the edge of Fisherman’s Bend.
-1 am general liquor licence.
-Immediate walking distance to North Port football oval.
-Situated on 490.5m2* of land with three frontages
-Three Street frontages totalling 64m*

For further information, please contact the exclusive agents.

*Approx.

Features

  • Situated on 490.5sqm* of land
  • 1am general liquor licence
  • CBD Fringe location
  • Leased to 2035 (inc. options)
  • Three Street frontages totalling 64m*

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