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Ivanhoe NSW 2878

Ivanhoe NSW 2878

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, INVESTMENT $1,000,000

MODERN BUILDING WITH LONG TERM LEASE - 70HI

    - Long-term investment opportunity with a strong lease.

    - Outgoings are paid by the tenant.

    - 10 years commenced August 5th, 2020 with 3 x 10 years options.

    - $90,456 (plus GST) annual CPI increases.

    - Substantial depreciation .

    - A local landmark for the area.

    - The old hotel burnt down in late 1995 and this one was built in 1996.

    - Service centre for the area and has a constant reliable gathering of locals and tourists alike..

    - 4,812 sqm.

    - 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite to make the stay a bit more like home.

    - Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

    - 30 seat restaurant serving modern Australian cuisine.

    - Large landscaped outdoor area with covered areas and bench seating.

    - The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

    - One bedroom residence onsite with ensuite and air conditioning.

    - Guests don't have to go anywhere else to feel right at home.

    Annual Rent: $90,456 plus GST

    Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 70HI (quote when enquiring)

    Property Code: 4853

    Property Highlights

    Floor Area1 m²
    Land Area4,812 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019041168
    Category
    Last updated  26 Apr 2024
    Map for Ivanhoe NSW 2878

    Property Highlights

    Floor Area1 m²
    Land Area4,812 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019041168
    Category
    Last updated  26 Apr 2024

    Listed by

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