BENDIGO VIC 3550
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- 11 Oct 2016
2356MI - AN INVESTMENT THAT BEATS THE PANTS OFF BANK INTEREST
The Investment sale of Crystal Inn in Bendigo is a rare opportunity for the smart investor to take on one of the younger iconic properties in this major motel provincial city.
Beautifully presented large rooms, four star status, a property that has been well maintained over all of its 16 year life.
And a secure 28 year lease with eventual annual increases of 3.5%.
Including committed tenants who are making a difference!
(Note: Going Concern buyers should also enquire on this opportunity)
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2356MI (quote when enquiring)
Location: Bendigo is a vibrant contemporary regional centre, boasting beautiful streets created from one of the world's greatest gold rushes. Every visit will reveal new surprises and experiences. With the gusto of a gold-seeking miner, the people who live here are creating fascinating products, services and stories that add to the richness of the region's boom time past. It is an ever-changing feast to be explored. Nearby Heathcote has not missed the beat with artisans of food, wine and art flocking to be part of the action. Modern day Bendigo has sublime food, wine and shopping experiences against a stunning heritage backdrop.
Bendigo's action-packed events calendar is a mix of long-standing traditions, food and wine events, car rallies, sporting excellence and a great sense of fun. Since the gold boom times of 1871, the local Chinese community have come together to add Chinese dragons, regalia and startling crackers to Australia's longest continuous festival - the Bendigo Easter Festival.
A true Bendigo highlight is the range of quality experiences and things to do. Major attractions are diverse and exciting, offering fun-filled, diverse experiences at the many tourist attractions in the Bendigo region.
Property Code: 2069
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information