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Freehold Hotel North Queensland
PRICE:
2,500,000 AUDASSET ID:
1141034LOCATION:
Australia - QLD
LOCATION DETAILS
Innesfail
PREFERRED TRADE
Cash or Trade
KEY FEATURES
Highway Location
Passive Investment with 20 year lease in place
Well maintained
Situated on 3214 sq.m2
Room for expansion and ideal for Motel Units
The vendor will accept other property as part payment
DESCRIPTION
This freehold pub is a good solid investment.
Located on the highway travelling north into Innesfail. The pub has always traded well and has been well looked after and well maintained
A 20 year lease in place, with a rental of $180,000 + GST net return with 3% yearly increases.
The owner will consider all trades
Prefers some cash out but depending on the trade a straight swap is a possibility.
Situated on 3214 sq metres with potential to add Motel Units
Agent
Richard George - Ph: 0414 737 339