Freehold Hotel North Queensland

  • PRICE:
    2,500,000 AUD
  • ASSET ID:
    1141034
  • LOCATION:
    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

Contact Agent