EXCLUSIVE TO MHB
Freehold Passive Investment Hotel Located in Regional Wine Country!
An exceptional opportunity exists to secure this freehold passive investment hotel located in the heart of a vibrant regional centre with sweeping main street views!
This classic Australian hotel has been fully renovated with all the hard work done, ready for the savvy investor to reap the rewards.
Perfectly located adjacent to the Rutherglen wine region and accompanying trade, this impressive hotel is perfectly positioned within the heart of Corowa's robust local economy of tourism, business and agriculture and is well
supported by locals and visitors.
A beautifully presented venue, the Royal Hotel offers a first-class property inspection, fully equipped commercial kitchen with quality plant & equipment, and features multiple income streams across accommodation, dining, public bar, with multiple function areas, a spacious undercover beer garden, and a magnificent balcony with sweeping views of the thriving main street and seating for up to 200 people
New tenant in place with a 30 x year lease - Rent = $75,000 + GST per annum.
Key Features:
* Prominent position with sweeping main street views
* Situated in a robust local economy of tourism, business and agriculture
* First class inspection, excellent plant & equipment
* ROI (approx.) 6.5%
* Fully renovated and refurbished throughout
* 9 x well-appointed hotel style accommodation rooms
* Multiple income streams - accommodation, dining, public bar & functions
* Magnificent balcony with seating capacity for up to 200 people
* Spacious beer garden (undercover heated space)
* Well supported by locals and visitors
* Situated upon (approx.) 1,667m2 of B2-Local Centre zoned land
A fantastic investment opportunity and a must to inspect!
Contact Dan McDonald direct at MHB on 0437 838 368 for more information.
