70-72 Goulburn Street, Crookwell
For Sale
overview
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1P1472
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Leisure
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For Sale
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1 sqm
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1330 sqm
Description
Freehold Hotel Investment
This Pub has had extensive renovations in 2016 and is in a prime regional farming location close to Canberra and Goulburn.
- Hotel consists of bar, beer garden, function and dining areas plus hotel accommodation
- Prime main street position
- New long term 21 year lease from February 2020 - January 2041
- Tenant pays all outgoings, as per lease
- Net income $148,200 + GST + tenant pays all outgoings
- This represents a 5.93% yield at a sale price of $2,500,000.
- A 4.94% rental yield at $3,000,000
- Land area 1330sqm approx.
- $1,200,000 upgrade in 2016
- Hotel consists of bar, beer garden, function and dining areas plus hotel accommodation
- Prime main street position
- New long term 21 year lease from February 2020 - January 2041
- Tenant pays all outgoings, as per lease
- Net income $148,200 + GST + tenant pays all outgoings
- This represents a 5.93% yield at a sale price of $2,500,000.
- A 4.94% rental yield at $3,000,000
- Land area 1330sqm approx.
- $1,200,000 upgrade in 2016
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