44 Mary Street Dookie VIC 3646
- Hotel / Leisure
- 1 m²
- For Sale, Freehold Passive Investment - $445,000
REDUCED PRICE - Country VIC Investment Hotel - 1P4554H
EXCLUSIVE TO CRE BROKERS
The Gladstone Hotel, Dookie
This Hotel offers a fantastic and affordable opportunity to enter the tightly held investment market.
Built in the 1880`s the Gladstone Hotel is ideally situated on a corner block on the main thoroughfare through town and features a spacious open plan public bar, lounge with open fire, restaurant / bistro with seating for up to 60, beer garden, footpath trade, plenty of parking for patrons plus a large 6 bedroom residence with 2 lounges.
Also affectionately known as the "The Dookie Pub", it is renowned for its excellent food within the region and is well patronised by loyal locals and sporting community groups.
* Secure 9.2% return on investment
* 33 year lease with excellent tenant
* Only Hotel in town
* Huge 6 bedroom residence
* Secure rental return of $41,208pa
* Situated on a 2,425m2 (approx.) corner land allotment
This is a wonderful opportunity for a savvy investor.
Contact Dan McDonald at CRE Brokers to arrange an inspection.
|Floor Area||1 m²|
|Land Area||2,425 m²|
|Annual Return||Ask Agent|
|Last updated||7 Nov 2019|