Freehold Passive Investment Hotel For Sale
Sitting prominently on Murchison`s busiest corner, the Caledonian Hotel is the only pub in town and is a genuine opportunity to enter the tightly held passive investment market at an affordable entry level.
This classic country Hotel is set upon a 1040.20sqm corner allotment.
The Hotel features a public bar, pool room, commercial kitchen, bistro, function room, lounge, good signage and ample parking. The outdoor beer garden has undergone a complete renovation, with new furniture / shade sails / heaters and misting fan.
Outstanding return on investment of 9.3%.
* Prime central corner location in busy country Victorian town
* 12 pub style hotel rooms, currently used as a residence, set to increase
revenue streams and grow the business
* Ongoing renovations and refurbished beer garden area
* Endless opportunity to expand upon this central location in Murchison
* Excellent tenant
* Long Lease in place until 2029
* Plenty of development potential
* Motivated vendors ready to meet the market!
This fantastic Hotel offers a very good inspection.
Contact Ian McDonald at CRE Brokers today.
