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109-123 Giblett Street
Manjimup, WA 6258
Expressions of Interest
Overview
The Iconic Manjimup Hotel an Historic Country Pub
This freehold property presents a unique opportunity to acquire an 11,159 square meter land holding situated in the town centre of Manjimup. The iconic Manjimup Hotel, a historic country pub, is currently leased and managed by local operators, offering a well-established bar, restaurant, and drive-thru liquor store.
Extensive renovations carried out in the mid-2000s have dramatically upgraded the two-storey hotel, providing a comfortable and welcoming environment that offers a respite from the bustling traffic outside. The premises are well-maintained and benefit from a green title freehold sale, ensuring clear ownership and title security.
Key features of the property include:
- Green title freehold sale
- Potential site for a cinema development
- Ample land available for additional accommodation or expansion
- Top operator managing the hotel lease
- Current annual rental income of $205,518.32, inclusive of insurance and property management fees
- Annual outgoings amounting to $45,166.00
- Located within a driveable catchment area for the Greenbushes Lithium mine
- Ongoing exploration activities for lithium and other rare earth minerals in the region
- Well-established and growing agri-tourism sector in the area
- Supportive and proactive local council encouraging development and investment
The land area comprises multiple parcels, including 109 - 123 Giblett Street, 56 Rose Street, and 5 Mount Street, all zoned for town centre use. This diverse landholding offers significant potential for future development or enhancement, making it an attractive investment for those seeking a prominent commercial property in Manjimup.
Overall, this property combines a historic and iconic hospitality venue with substantial land area and development potential, supported by a strong lease and income stream. It is ideally positioned to benefit from the region's mining activities and growing tourism industry, backed by a proactive local council.
Location
Manjimup WA 6258
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 11159 sqm |
Market Insights for Manjimup WA 6258
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