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Investment Hotel for sale

PASSIVE INVESTMENT IN POPULAR BILOELA RETURNING 10.31% Listing Ref: INV001175

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PASSIVE INVESTMENT IN POPULAR BILOELA RETURNING 10.31% Listing Ref: INV001175
Property Type: Hotel Ref: INV001175
Region: QLD - South  
Suburb: Biloela  
Sale Type: Investment  
Price: $1,525,000  
Contact Agent(s) Len Booth  
  P: (07) 3878 3999  
  M: 0438 139 422  
  E: lenbooth@resortbrokers.com.au  
 
Enquire Now
  • Large Country Hotel
  • 20 Hotel and 5 Motel rooms
  • You retain Ownership of 4 poker machines
  • Large Hotel style dining room
  • Four bedroom residence
  • 12 year lease with rent review in 2012 (can't go down)
  • Lessee pays all outgoings including ins and rates
  • Only drive thru bottle shop in town

 

Rent:

$157,298.44 per annum + GST giving it a 10.31% return

 

Contact:

Len Booth

Mob: 0438 139 422

Email: lenbooth@resortbrokers.com.au

 

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