39 Barnes Street Stawell VIC 3380

Commercial Hotel Freehold Rental Investment, now For Sale. Be an astute investor and grab this opportunity to secure a sound building & tenanted investment. Very attractive details as follows:
New Lease Commenced: Monday 13th December 2021.
Rent: $52,800 per annum (Hotel $45,600 plus Vacant land $7,200).
Price: $650,000
Yield: 8.1% return.
Term: 5 years with 5 + 5 + 5 + 5 year options.
CPI annual increases.

A set & forget investment now has a new tenant with extensive business experience so you have peace of mind. A very impressive, recently refurbished hotel is very well presented & set on over one acre making it ideal for further development such as accommodation or motel units. Features include a large north facing front bar with billiard table, gas log heater, huge dining lounge bistro area leading to alfresco beer garden, a well equipped commercial kitchen with new equipment including cool room & freezer, drive through bottle shop, cool room, store room, cellar plus a 5 bedroom Manager's residence on site.

Don't miss this opportunity to invest in your future.

Contact listing agent: Phil Clark M: 0417 509 025 E: philip.clark@raywhite.com for more information or an inspection or contact our Ray White Ararat office on Tel: 03 5352 2303.