Casterton VIC 3311
- Hotel, Motel, Pub & Leisure
- For Sale, Investment $800,000
Freehold Passive Investment Iconic Hotel - 1P4994H
This grand old double storey brick building is as impressive as it is iconic.
The Hotel sits on 5486 m2 of land and zoned Commercial 1, within walking distance to shops and sporting facilities, with great local support and consistent travellers between Melbourne and Adelaide.
The Hotel features a large dining area with separate function room, public bar with rear beer garden, walk in bottle shop and a separate 8 x queen room accommodation. The residence provides a spacious 4 bedrooms, lounge, office and kitchenette.
Now offering the Freehold Passive Investment for sale with an impressive 8.8% return, a long 25 year lease with market rent and potential rear further development (STCA).
- Commercial loan calculator
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