MUST BE SOLD BY END OF APRIL 2024 PRICE REDUCED TO $1.5 MILLION
179-183 Princess Drive, Morwell VIC 3840
$1,500,000
HotelSize: n/a
Block size: 2713 m² approx.
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.)
Inspections
No open inspections scheduled.
Send an enquiry
Contact Martin Smyth to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.