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109-123 Giblett Street
Manjimup, WA 6258
Expressions Of Interest
Overview
The Iconic Manjimup Hotel an Historic Country Pub
FREEHOLD!!!
This unique opportunity offers an approximately 11,159 square meter land holding located in the town centre of Manjimup. The property is known as the Manjimup Hotel, an iconic establishment currently leased and managed by local operators.
The hotel comprises a well-established bar, restaurant, and a drive-thru liquor store. Extensive renovations carried out in the mid-2000s dramatically upgraded the two-storey hotel, providing a comfortable and welcoming environment that offers a respite from the busy traffic outside.
- Green title freehold sale
- Potential cinema site
- Ample land available for additional accommodation development
- Top operator managing the hotel lease
- Current annual rental income of $205,518.32, inclusive of insurance and property management fees
- Annual outgoings amount to $45,166.00
- Located within a drivable catchment area for the Greenbushes Lithium mine
- Ongoing exploration for lithium and other rare earth minerals in the vicinity
- Well-established and growing agri-tourism sector
- Supported by a very proactive local council
The land area includes the parcels at 109 - 123 Giblett Street, 56 Rose Street, and 5 Mount Street. The zoning for this property is Town Centre, making it suitable for a variety of commercial and development opportunities.
This property represents a rare chance to acquire a significant freehold asset in a prime location with strong income potential and development prospects.
Location
Manjimup WA 6258
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