47-51 McLennan Street Mooroopna VIC 3629

EXCLUSIVE TO CRE BROKERS

VIC Freehold Passive Investment Hotel For Sale

The Royal Mail Hotel, Mooroopna

Fantastic hospitality investment offering.

This is a genuine opportunity to enter the tightly held passive investment market at an affordable entry level.

Classic country Hotel set upon a 1,516.40sqm corner allotment.

Well presented this double storey brick Hotel was originally built in 1880 has many features including a public bar, bottle shop, pool table, bistro, dining / function room, beer garden, good signage and ample parking for patrons.

Excellent return on investment of 8.5%.

Situated close to the Goulburn River, the Hotel is well supported by the locals, sporting teams/clubs, farming and community groups and has exposure to passing traffic on the Midland Highway.

* Rental return of $77,500 per annum (will be $80K in 2019)
* Hotel presents very well
* Prominent corner location
* Multiple income streams
* Tenants are very good operators
* Long Lease
* 4 bedroom upstairs family residence
* First class plant & equipment
* Motivated vendors ready to meet the market!

A wonderful opportunity to start or add value to your investment portfolio.

Contact Ian McDonald at CRE Brokers for further information.