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Passive Investment Hotel Sale Central Hotel Maryborough
PASSIVE INVESTMENT HOTEL SALE IN THRIVING MARYBOROUGH QLD
About this Property
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Key Features
Contact Damian Monahan on Ph: 0498 204 926 or Chris Cameron on 0477 271 875 for an inspection or further details.
Business summary
Property Details
Upside Potential
- Current Owner to take up on both leases and operate
- BAR & RESTAURANT
- ACCOMODATION
- 2 x Leases consisting of 30 years (10 x 3 years) each.
- ROI – 8%
- Lease 1: Bar and Restaurant lease $50,000 per annum CPI increases, lease holder paying 50% the outgoings.
- TOTAL RENT $110,000 per annum.
- Lease 2: Accommodation $60,000 per annum CPI increases, lease holder paying 50% of the outgoings.
- Strong Bar and Accomodation Business.
- Maryborough is on the move with “Government Incentives” on offer to further improve site.
- Potential for 3 X Off Premise Licences that can be sub leased or operated by the lease holder.
