Wilson Property

52 - 56 Queens Parade,
Traralgon

Property photo 1 — 52 - 56 Queens Parade TraralgonSold1 of 20

High Yielding Investment - 8.52%* Net

Hotel/Leisure

22 CAR|1,875m2 FLOOR

Sold - $1,030,000

  • 5 year lease commenced 01/02/2018 with 2 further 5 year options
  • Current rent $111,100** p.a. with fixed annual increases
  • Tenant pays all usual outgoings
  • Iconic recreational facility
  • Freestanding building with total site area of approx. 1,875m2*
  • Outstanding location on the city fringe, onsite parking and further development potential (S.T.C.A)
  • Easy ingress and egress to Princes Highway
  • Short walk to Traralgon's CBD and Railway Station
  • Building features large fitness centre, 25m indoor heated pool, open plan recreational area, separate group fitness room, manager's office and a range of change room facilities and other amenities

* approx.
** Rental amount excludes rent payable by the owner to Victrack of $4,680 for land lease.

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Sold: 52 - 56 Queens Parade, Traralgon VIC 3844