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655 Princes Way

Drouin West, VIC 3818, Australia
$380,000
38186524m²

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Area Price Guide
$357,200$402,800

Indicative price guide range

🏘️
67
Comparable
📊
$804,000
Area median
⚖️
-53%
vs median
📐
$0
Per m²
📏
38186524 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Property Overview: Investment Opportunity: Robinhood Circa 1870 (Robinhood Pub), Drouin West, Victoria Presenting a unique opportunity to own a piece of Drouin's rich history, Robinhood Circa 1870 (formerly Robinhood Pub) offers a compelling investment with both historical charm and modern functionality. Fully leased and generating strong financial returns, this iconic property is an ideal choice for discerning investors seeking a reliable and high-performing asset. Key Features: Premium Freehold Investment: This exceptional property offers a high-income tenant and secure long-term lease, providing an attractive, stable return. Leased Investment: With an annual income of $148,850 plus GST, this property delivers a dependable cash flow. The lease includes a 3% annual rent increase, ensuring steady growth in rental income year after year. Bistro Bar: At the heart of the property, the Bistro Bar combines a welcoming atmosphere with a fusion of classic and contemporary cuisine. Offering a curated selection of fine beverages, it has become a favorite for both locals and visitors. Function Room: A versatile and sophisticated space suitable for a variety of eventsfrom corporate meetings to private celebrations. Modern facilities and stylish design make this a popular venue for both business and social gatherings. Café: The on-site café offers freshly brewed coffee, light meals, and pastries in a relaxed, inviting setting. It serves as a cozy retreat for locals and visitors alike, enhancing the overall appeal of the property. Accommodation: The property includes ten well-appointed motel rooms, blending historical charm with modern amenities. These rooms cater to both short-term and long-term stays, providing comfort and convenience for all guests. Investment Highlights: Annual Lease Income: $148,850 plus GST Rent Increment: Guaranteed 3% annual increase Property Type: Freehold commercial investment combining hospitality and accommodation, creating multiple revenue streams Prime Location: Located in the scenic Drouin West, the property benefits from easy access to transport links and local attractions, ensuring a steady flow of patrons and strong business performance. Contact Information: For more details or to explore this exceptional investment opportunity, please contact: Dev Sandhu Mobile: 0430 390 511 Email: Dev@lifestyleacreage.com.au Don't miss the opportunity to invest in a property with a rich history, a strong financial performance, and significant growth potential. Robinhood Circa 1870 is waiting for you. Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement

Property Features

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    Repayment calculator

    $1,842/month
    $921 /fortnight
    Loan $304,000 at 6.10% over 30 years

    Upfront costs

    Deposit$76,000
    Stamp duty$17,870
    Conveyancing (est.)$2,000
    Total upfront$95,870
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    38186524m²
    Listed
    2 months ago

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