48
Melbourne
Street
east maitland
NSW,
2323
$950,000
Hunter Valley Landmark Building - Circa 1837 - FREEHOLD ONLY
EAST MAITLAND
The iconic Old George and Dragon Hotel building has taken pride of place in Melbourne Street East Maitland for nearly 190 years and still standing proudly as one of the most iconic buildings in the region. For many decades a fine dining restaurant, now a high end cocktail bar and eatery with one of the oldest ever granted liquor lisences in NSW and DA for 66 seated patrons in the restaurant. The gracious rooms are versatile with high ceilings and generous proportions reflect the grandure of the period building. The current strong tenants have breathed new life into the building with the addition of a central bar and various updates to give the building a more contemporary feel while maintaining respect for the heratige.
An exceptional opportunity, the Old George and Dragon represents an exciting investment. For a full information memorandum including figures and rates of return, or to arrange an inspection please contact James Hannah on 0400 301 349 or email james@prdhuntervalley.com.au
Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, PRDnationwide Hunter Valley does not warrant, represent, or guarantee the accuracy, adequacy, or completeness of the information. PRDnationwide Hunter Valley accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
Agents
About east maitland
median House price
825000suburb growth
11.4%median House rent
640suburb rental yield
4.0%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.