Ivanhoe, New South Wales

MODERN BUILDING WITH LONG TERM LEASE MOTEL HOTEL - 70HI

INVESTMENT $1,000,000

Business Description

- Long-term investment opportunity with a strong lease.

- Outgoings are paid by the tenant.

- 10 years commenced August 5th, 2020 with 3 x 10 years options.

- $90,456 (plus GST) annual CPI increases.

- Substantial depreciation .

- A local landmark for the area.

- The old hotel burnt down in late 1995 and this one was built in 1996.

- Service centre for the area and has a constant reliable gathering of locals and tourists alike..

- 4,812 sqm.

- 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite to make the stay a bit more like home.

- Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

- 30 seat restaurant serving modern Australian cuisine.

- Large landscaped outdoor area with covered areas and bench seating.

- The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

- One bedroom residence onsite with ensuite and air conditioning.

- Guests don’t have to go anywhere else to feel right at home.

Annual Rent: $90,456 plus GST



Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 70HI (quote when enquiring)

Property Code: 4852

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

1. Long-term investment opportunity with a strong lease.
2. Outgoings are paid by the tenant.
3. 10-year lease with 3 x 10-year options.
4. Annual CPI increases of $90,456 (plus GST).
5. Substantial depreciation potential.
6. Local landmark for the area.
7. Built in 1996 after the previous hotel burnt down.
8. Service centre for the area with a constant reliable gathering of locals and tourists.
9. Large 4,812 sqm property.
10. 7 newly refurbished motel rooms with modern amenities.
11. Large country style public bar and 30-seat restaurant.
12. Landscaped outdoor area with covered seating.
13. Well-equipped kitchen with commercial appliances and walk-in cool room.
14. Onsite one-bedroom residence for owner/manager.
15. Guests can feel at home with all necessary amenities on site.
Listing location

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