Fantastic NSW Investment Hotel For Sale.
A genuine opportunity exists for a savvy investor to enter the tightly held passive investment market or add value to an existing portfolio.
The Hotel has recently undergone significant refurbishment to both the ground floor and outdoor areas and offers many features including a generous public bar and lounge area, main dining room, kitchen, bathroom amenities, cool room, spacious beer garden and deck area at the rear of the property.
As an added bonus there are 7 lettable Hotel style rooms with bathroom facilities and a manager`s flat on the first floor.
* 8.2% Return on investment
* Charming older style Hotel building in central township location
* Recently renovations throughout the entire ground floor
* Simple one bar operation
* Huge potential with the 7 rooms for lease on the second floor
* Secure and trustworthy Lessee
* Additional accommodation development opportunities
* Situated upon an area of 930m2 Local Centre Zoned land
An investment property of this nature will not last long on the market. Inspect with confidence!
Contact Adam Sutton at CRE Brokers today!