54-56 Lannercost, INGHAM QLD 4850
$1,975,000 (GST na)
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- Hotel / Leisure, Retail
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- 6 x Onsite parking
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- 28 Nov 2016
Solid Iconic Investment Opportunity 9.25% - $1,975,000
This iconic investment opportunity includes the internationally recognised " Pub with No Beer" made famous by Slim Dusty in his No1 hits song by the same name. Along with this bricks and concrete Landmark there are 3 successful retail shops and all tenanted by long-term operators with 75 years experience between them. Details;
Trophy Investment Property In Prime Location
Lees Hotel Motel $123,000 10 x 5 x 5 lease
Studio 54 Hair Salon $ 14,000 Operating 20 yrs
Duffy's Menswear $ 26,000 Tenant 25 yrs Exp
Lisa Marie's Boutique $ 20,000 Open 30 years
Building Refurbishment 2011 – 2015 – $1.2 million.
10 Gaming Machines
22 Ensuite Motel Rooms
3 Bedroom Residence.
Solid brick and concrete construction on 2 levels.
Building replacement value in excess of $4 million.
Guests courtyards and verandas.
Location, CBD Ingham, opposite Hinchinbrook Council Chambers, 150 m to CBA, Westpac, Coles, Retailers.
Ingham just voted "One of the 50 Top Small Towns in Australia"
Total Net Income $183,000
Blue-chip CBD Location opposite the Council Chambers with multiple income streams from 4 separate experienced and long-term tenants and high exposure to strong vehicular and pedestrian traffic allowing for endless opportunities in the long term future All this for sale at an incredibly low $1.975,000, if you're looking for a solid safe long-term investment with high returns which increase every year, send an email or phone Dennis right now, on 0413 539 912 or John on, 0428 104 696.
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
54-56 Lannercost INGHAM