179-183 Princess Drive, Morwell
MUST BE SOLD BY END OF APRIL 2024 PRICE REDUCED TO $1.5 MILLION
Exceptional opportunity at 179-183 Princess Drive, Morwell – a high-profile corner site that unveils the iconic Latrobe Valley Hotel.
Key Features;
- Suits prescribed accommodation premises (S.T.C.A)
- Comprised of over 20 guest rooms (single & double) and a manager's residence
- Includes function rooms, a lounge and public bar, and disco lounge
- Huge potential to expand floor plan and increase number of rooms
- Two level building with potential to add third level, supported by the existing concrete staircase to roof
- Large undercroft carpark fit for 24 vehicles plus store-rooms
- Vacant possession
- Option to restart business and renew late night (general) license
- Multiple development options suitable
- Positioned directly opposite the Morwell Railway Station
- Activity Centre Zone (ACZ)
- Land Area: 2,713 m2*
- Build Area: 2,400 m2*
(* approx.)
Key Features;
- Suits prescribed accommodation premises (S.T.C.A)
- Comprised of over 20 guest rooms (single & double) and a manager's residence
- Includes function rooms, a lounge and public bar, and disco lounge
- Huge potential to expand floor plan and increase number of rooms
- Two level building with potential to add third level, supported by the existing concrete staircase to roof
- Large undercroft carpark fit for 24 vehicles plus store-rooms
- Vacant possession
- Option to restart business and renew late night (general) license
- Multiple development options suitable
- Positioned directly opposite the Morwell Railway Station
- Activity Centre Zone (ACZ)
- Land Area: 2,713 m2*
- Build Area: 2,400 m2*
(* approx.)
Contact The Agent
overview
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7710692
-
$1,500,000
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Leisure
-
For Sale
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179-183 Princess Drive Morwell VIC
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2400 sqm
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2713 sqm