Passive Investment Hotel Sale – Central Hotel Maryborough

173 Adelaide Street, Maryborough QLD

$1,375,000

About this Property

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Key Features

PASSIVE INVESTMENT HOTEL SALE IN THRIVING MARYBOROUGH QLD

Contact Damian Monahan on Ph: 0498 204 926 or Chris Cameron on 0477 271 875 for an inspection or further details.

Business summary

Property Details

Upside Potential

  • Current Owner to take up on both leases and operate
  • BAR & RESTAURANT
  • ACCOMODATION
  • 2 x Leases consisting of 30 years (10 x 3 years) each.
  • ROI – 8%
  • Lease 1: Bar and Restaurant lease $50,000 per annum CPI increases, lease holder paying 50% the outgoings.
  • Lease 2: Accommodation $60,000 per annum CPI increases, lease holder paying 50% of the outgoings.
  • Strong Bar and Accomodation Business.
  • Maryborough is on the move with “Government Incentives” on offer to further improve site.
  • Potential for 3 X Off Premise Licences that can be sub leased or operated by the lease holder.

DAMIAN MONAHAN

Sales Executive – SUNSHINE COAST

0498 204 926

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