326 Kent Street, MARYBOROUGH QLD 4650
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- Hotel / Leisure
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- 19 Apr 2017
“Motivated Vendor + Excellent Cash Flow = Great Opportunity
The Royal Hotel Maryborough
Originally ‘The Bush Inn’ in the 1850’s, the Royal Hotel is a well-known Maryborough landmark located on a 2118 sqm site on the intersection of Kent and Bazaar Streets.
Disregard all previous pricing as this property is now offered for sale at market rate. This property has 6 lots in the strata titled complex, the centre encompasses a Gym, Hotel and a restaurant / function centre (currently unoccupied) on the ground floor with a 30 room Motel on the first floor.
The Motel is owner operated providing excellent cashflow, with additional income from the leased Gym and Hotel plus potential for further ROI when the building is fully leased makes this freehold property a sound investment.
For Sale as a total package, the current owners are wishing to retire and have set a realistic asking price.
You must inspect this building to fully appreciate the majestic construction from a long gone era.
Please phone Justen Tillman on 0412 262325 to arrange a private inspection.”
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
326 Kent Street MARYBOROUGH