AWAITING SETTLEMENT
“Recently Sold Leasehold showing 7.5% rental yield on a new 10 year lease with a further 5 year x 2 option included.
Strong industry experienced tenant in place”Call now to take advantage of this wonderful opportunity and sit back and enjoy the weekly rental income.
Enjoy the solid investment returns circa 7.50% per annum moving to 8.00% by the beginning of the third year.
Solid industry aligned tenant with a 10 year lease in place which has just taken effect. All outgoings covered by the tenant and an impressive return on investment is waiting for the astute investor.Hurry this won’t last.
- 7 GME’s with Updated Hardware
- Single Bar Operation
- Bistro
- 5 Motel Rooms (Renovated) with U/C Parking
- 10 Hotel Style Rooms Shared Facilities
- Bottleshop Drive Through
- Renovated 2 Bedroom Managers Residence
- Adjoining Residence on 600sqm included (unrenovated)
- New Bore delivering freshwater (can be connected to the Hotel)
- Profit $377k (9 months to December)
- P.O.A
Property Features
- Accommodation: 6
- Poker Machines: 7
- Single Bar Operation
powered by
What's Nearby?
Hospitals
Shopping Malls
Transit Stations
Bars
- Tenterfield Tavern (0.41 km)1 reviews
- Granite Belt Brewery (29.93 km)3 reviews
- Viscosity (28.12 km)0 reviews
- Bottlemart Express - Mallanganee Hotel (43.59 km)0 reviews
- Nest Gallery (33.81 km)0 reviews
Park
- Girraween National Park (14.86 km)1 reviews
Restaurants
- The Willow Tree Cafe (0.15 km)2 reviews
- Courtyard Cafe (0.04 km)2 reviews
- Tenterfield Tavern (0.41 km)1 reviews
- Sing Wah Chinese Restaurant (0.12 km)1 reviews
- Spice and Cream (0.59 km)1 reviews
Coffee Shops
- The Willow Tree Cafe (0.15 km)2 reviews
- Courtyard Cafe (0.04 km)2 reviews
- Sugar N Spice Coffee Lounge (0.07 km)0 reviews
- Saddler Cafe (0.09 km)0 reviews
- The Coachman Coffee Lounge (0.09 km)0 reviews
Grocery
- Coles (0.07 km)1 reviews
- Festival Supermarket Tenterfield (0.13 km)0 reviews
- FoodWorks (0.15 km)0 reviews
- SPAR Supermarket (0.57 km)0 reviews
- Butler's Buy Rite (0.57 km)0 reviews