A solid performer for many years the current Lessee is in place with 9 years to run on the lease. The Lessee is responsible for all outgoings. The Rental income is $85,800 + GST per annum (with annual CPI increases). This equates to $1,650.00 rent per week. This is a return of 8.8% on your investment prior to any negotiation taking place.

The Hotel is neatly set out, catering for all types of patronage from locals and visitors alike. The huge positive on the asset side is that the hotel has 7 Poker Machines. A definite consideration for the astute investor.

For more information, please contact Gilchrist Business Brokers (02) 6369 1055.