10% Net Yield - Iconic School of Arts Hotel for Sale
Built in 1918, The School of Arts Hotel is located in the main street of Roma on the corner of McDowall and Hawthorne Street.
Split over two levels - ground floor 780m2 and first floor 550m2 - the building is currently tenanted by commercial tenants as well as offering overnight accommodation.
Roma is located 350kms north west of Toowoomba and is the major business hub of the Maranoa. Known for oil and gas production, Roma is also home to Australia's largest cattle sales. Roma is well connected, being easily accessible by road, rail and air.