Hotel/Mixed Use Development Site (Facing New AIrport Train Line) - Ref: 19322
• This 8 story hotel development project has 88 hotel rooms and 47 apartment rooms as a major development
• In addition premises have two basement levels of 106 Car Parking spaces, cafe, Restaurant ,Gym , Retail outlet and top floor function centre as well.
• New projected Airport train line is to run near this project, walking distance to the new airport line
• Projected turnover for the hotel is considerable, and a high occupancy rate is forecast. 4 major hotel groups have given expression of interest to the accommodation section.
• The Landlord is expecting to get construction approval within 2 months.
• Land for sale, fixed price $7,400,000.00 Settlement terms up to 9 months.
Asking $7,600,000 for freehold
For more information about this listing, please contact the agent below:
Agent: Jack Yu
Mobile: 0416 864 988
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888