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655 Princes Way, Drouin West, VIC 3818, 0 Bedrooms, 0 Bathrooms, Section

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655 Princes Way, Drouin West, VIC 3818

6524m2
SectionListed on Mon Nov 25

Drouin West Robinhood Circa 1870: Step Back in Time in Drouin West

Property Overview:

Investment Opportunity: Robinhood Circa 1870 (Robinhood Pub), Drouin West, Victoria

Presenting a unique opportunity to own a piece of Drouin's rich history, Robinhood Circa 1870 (formerly Robinhood Pub) offers a compelling investment with both historical charm and modern functionality. Fully leased and generating strong financial returns, this iconic property is an ideal choice for discerning investors seeking a reliable and high-performing asset.

Key Features:

Premium Freehold Investment: This exceptional property offers a high-income tenant and secure long-term lease, providing an attractive, stable return.

Leased Investment: With an annual income of $148,850 plus GST, this property delivers a dependable cash flow. The lease includes a 3% annual rent increase, ensuring steady growth in rental income year after year.

Bistro Bar: At the heart of the property, the Bistro Bar combines a welcoming atmosphere with a fusion of classic and contemporary cuisine. Offering a curated selection of fine beverages, it has become a favorite for both locals and visitors.

Function Room: A versatile and sophisticated space suitable for a variety of events?from corporate meetings to private celebrations. Modern facilities and stylish design make this a popular venue for both business and social gatherings.

Caf?: The on-site caf? offers freshly brewed coffee, light meals, and pastries in a relaxed, inviting setting. It serves as a cozy retreat for locals and visitors alike, enhancing the overall appeal of the property.

Accommodation: The property includes ten well-appointed motel rooms, blending historical charm with modern amenities. These rooms cater to both short-term and long-term stays, providing comfort and convenience for all guests.

Investment Highlights:

Annual Lease Income: $148,850 plus GST

Rent Increment: Guaranteed 3% annual increase

Property Type: Freehold commercial investment combining hospitality and accommodation, creating multiple revenue streams

Prime Location: Located in the scenic Drouin West, the property benefits from easy access to transport links and local attractions, ensuring a steady flow of patrons and strong business performance.

Contact Information:

For more details or to explore this exceptional investment opportunity, please contact:

Dev Sandhu

Mobile: 0430 390 511

Email: [email protected]

Don?t miss the opportunity to invest in a property with a rich history, a strong financial performance, and significant growth potential. Robinhood Circa 1870 is waiting for you.

Disclaimer:

Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Drouin West Primary School
3.54 km
Primary
Prep-6
Government
icsea: 994
Drouin Secondary College
6.30 km
Secondary
7-12
Government
icsea: 971

Property history

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Drouin West surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
24 Oakmont Drive, Drouin
1.34 km
0
0
-m2
Year 2024 Month 10 Day 17
$625,000
Council approved
780 Princes Way, Drouin
1.18 km
4
2
188m2
Year 2024 Month 10 Day 14
$1,070,000
Council approved
153 McGlone Road, Drouin
1.10 km
5
2
380m2
Year 2024 Month 10 Day 03
$869,000
Council approved
21 Members Drive, Drouin
1.37 km
0
0
-m2
Year 2024 Month 10 Day 03
$630,000
Council approved
5 Ruffels Street, Drouin
0.97 km
4
2
178m2
Year 2024 Month 07 Day 14
$645,000
Council approved

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Ref:eagle_1516823Last update:2024-11-25 11:02:44