The Cumberland Hotel is one of the largest hotels in the historical goldfields region, situated on a prominent main street corner on 1,018 m2 of land, in the bustling town of Castlemaine renowned for its eclectic arts scene, rich gold rush history and ever growing reputation as a foodie's destination.
The Cumberland is the only hotel in town with gaming machines (30 EGM's) and provides any potential investor with great security that no other hotel or club can offer in the town.
With an exceptional fully renovated ground floor, offering well designed and appointed public bar with TAB, large comfortable bistro with kids play room, separate private function room, discreet gaming room and private beer garden with TAB facilities this hotel has it all.
A secure 50 year lease (including options) 20 years x 20 years x 10 years and a strong experienced tenant make this one of the best passive investment opportunities to come to market in recent times.