Commercial Investment - Hotel Freehold

Commercial Hotel Freehold Rental Investment, now For Sale. Be an astute investor and grab this opportunity to secure a sound building & tenanted investment. Very attractive details as follows:
New Lease Commenced: Monday 13th December 2021.
Rent: $52,800 per annum (Hotel $45,600 plus Vacant land $7,200).
Price: $650,000
Yield: 8.1% return.
Term: 5 years with 5 + 5 + 5 + 5 year options.
CPI annual increases.

A set & forget investment now has a new tenant with extensive business experience so you have peace of mind. A very impressive, recently refurbished hotel is very well presented & set on over one acre making it ideal for further development such as accommodation or motel units. Features include a large north facing front bar with billiard table, gas log heater, huge dining lounge bistro area leading to alfresco beer garden, a well equipped commercial kitchen with new equipment including cool room & freezer, drive through bottle shop, cool room, store room, cellar plus a 5 bedroom Manager's residence on site.

Don't miss this opportunity to invest in your future.

Contact listing agent: Phil Clark M: 0417 509 025 E: philip.clark@raywhite.com for more information or an inspection or contact our Ray White Ararat office on Tel: 03 5352 2303.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Stawell Primary School Primary Prep-6 Government 0.26km
Stawell West Primary School Primary Prep-6 Government 1.0km
St Patrick's School Primary Prep-6 Catholic 1.5km
Stawell Secondary College Secondary 7-12 Government 1.8km
Concongella Primary School Primary Prep-6 Government 4.6km
Great Western Primary School Primary Prep-6 Government 12.5km
Pomonal Primary School Primary Prep-6 Government 21.0km
Halls Gap Primary School Primary Prep-6 Government 24.2km
Moyston Primary School Primary Prep-6 Government 27.3km
Ararat West Primary School Primary Prep-6 Government 27.9km
Ararat North Primary School Primary Prep-6 Government 28.5km
Ararat Secondary College Secondary 7-12 Government 28.8km
Marian College Secondary 7-12 Catholic 29.4km
Ararat Primary School Primary Prep-6 Government 29.5km
St Mary's School Primary Prep-6 Catholic 29.6km
Ararat Secondary College-School Farm Campus Secondary Government 30.5km
Landsborough Primary School Primary Prep-6 Government 32.9km
Navarre Primary School Primary Prep-6 Government 34.9km
Laharum Primary School Primary Government 41.7km
Murtoa College Combined Prep-12 Government 54.8km
Horsham College-Mc Kenzie Creek Campus Secondary Government 61.1km
Holy Trinity Lutheran College Combined Independent 62.6km
Wimmera Lutheran College - Horsham Campus Combined Independent 62.6km
St Brigid's College Secondary 7-12 Catholic 62.7km
Horsham College-Baillie Street Campus Secondary Government 63.9km
Horsham College Secondary 7-12 Government 64.8km
St Arnaud Secondary College Secondary 7-12 Government 65.5km
Beaufort Secondary College Secondary 7-12 Government 68.8km
Lake Bolac College Combined Prep-12 Government 74.1km
Brauer Secondary College-Dunkeld Annexe Secondary Government 74.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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