10% nett return on investment

This coastal hotel occupies a prominent position close to the business hub and all town amenities. 

 

Comprising

large front bar

café and lounge bar

Gaming room with 8 machines

Alfresco & outdoor dining area

Beer garden

Children's playground

13 hotel rooms & residence

Drive thru liquor barn

20 year lease

Nett rent return of $140,000 per annum

Rent subject to annual CPI increase

Very experienced Lessees

The hotel enjoys a robust trade with an average turnover of $3 Million per annum. 

Sound solid building the hotel has easy access and visibility. The property is set on a large block of land with room to expand and ample parking for hotel patrons.

The property will show a nett return on investment of 10%

 For further particulars contact Bill: 0418 777 727

 

 

State QLD
Price Hotel Investment $1,400,000
Property Type commercial
Property ID 290
Category Hotel/Leisure
Office Area 1m2

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Bill Lee

0418777727
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