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44 Mary Street Dookie VIC 3646

  • Hotel / Leisure
  • 1 m²
  • For Sale, Freehold Passive Investment - $445,000

REDUCED PRICE - Country VIC Investment Hotel - 1P4554H


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.

Property Highlights

Property ID2015248820
Floor Area1 m²
Land Area2,425 m²
ParkingAsk Agent
Annual ReturnAsk Agent
Last updated  7 Nov 2019
Map for 44 Mary Street Dookie VIC 3646
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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