2/56 The Entrance Road The Entrance NSW 2261

Hotel, Motel, Pub & Leisure
263 m²
Sold

5 year lease + option to 2029 - Indicative Price: $560,000 (Circa 8.4% Return)

Indicative Price: $560,000 (Circa 8.4% Return)
5 year lease with options to 2029
Whole floor 263 sqm strata
+ 4% fixed increases
+ The Entrance Backpackers: successfully trading in excess of 7 years
+ Accommodation for 39 guests with extensive kitchen, bathroom & communal areas
+ The Entrance: an aquatic playground between Tuggerah Lake & Sparkling Pacific Ocean
+ Net lease, tenant paying outgoings as per lease
Net Income: $46,800 pa + GST
Auction
11am AEDT Tuesday 31 March
Doltone House Hyde Park, Sydney, NSW

AUCTION

Auction date and time	31/03/2020 11:00
Auction location	2/56 The Entrance Road, The Entrance NSW

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	13 Mar 2020
Floor Area	263 m²
Land Area	1 m²
Parking	Ask Agent
Property ID	2016121667
Category	Hotel, Motel, Pub & Leisure Offices Showrooms / Bulky Goods
Last updated	20 Mar 2020

Map for 2/56 The Entrance Road The Entrance NSW 2261

Nearest transport* to 2/56 The Entrance Road The Entrance NSW 2261

Bus

The Entrance Rd After Dening St	16 m
Dening St Opp Theatre Lane	48 m
The Entrance Rd At Ashton Av	96 m
Fairview Av After The Entrance Rd	122 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	13 Mar 2020
Floor Area	263 m²
Land Area	1 m²
Parking	Ask Agent
Property ID	2016121667
Category	Hotel, Motel, Pub & Leisure Offices Showrooms / Bulky Goods
Last updated	20 Mar 2020

Listed by

Burgess Rawson Sydney

Call

(02) 9232 6288

More about 2/56 The Entrance Road The Entrance NSW 2261

2/56 The Entrance Road The Entrance NSW 2261 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 263 m² and a land area of 1 m². The listing ID for this property is 2016121667.