$1,400,000 + SAV
About this Property
Off Market Group is pleased to present an exceptional passive investment opportunity in the thriving town of Maryborough, QLD. The Criterion Hotel offers a robust 8% ROI with two long-term leases in place. This versatile property, featuring a bar, café, nightclub, beer garden, and accommodation, is poised for growth with government incentives and expansion potential. Secure your investment in this dynamic market.
KEY HIGHLIGHTS:
- Prime Location: Situated in the heart of Maryborough, a town on the rise.
- Strong ROI: Enjoy a solid 8% return on investment with reliable tenants.
- Versatile Offering: Includes a bar, café, nightclub, beer garden, and accommodation.
- Long-Term Leases: Two 30-year leases (10 x 3 years each) with annual CPI increases.
- Stable Income: Total rent of $114,000 per annum with tenants covering 100% of outgoings.
- Expansion Potential: Potential for 3 off-premise licenses to be subleased or operated by the leaseholder.
- Government Incentives: Benefit from local government support to enhance the site.
This is a rare opportunity to invest in a thriving hospitality hub with multiple revenue streams and long-term security. The Criterion Hotel Maryborough is a high-performing asset with significant growth potential. Don’t miss out on securing a profitable investment in a market poised for expansion.
Damian Monahan
Sales Agent Sunshine Coast
0498 204 926