Maryborough, Queensland

PASSIVE INVESTMENT SALE ROI 8% - CENTRAL HOTEL MARYBOROUGH QLD

$1,375,000

Business Description

Current Owner to take up on both leases and operate
BAR & RESTAURANT
ACCOMMODATION
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% of the outgoings.
Lease 2: Accommodation $60,000 per annum CPI increases, leaseholder paying 50% of the outgoings.
Strong Bar and Accommodation Business.
Maryborough is on the move with “Government Incentives” on offer to improve the site further.
Potential for 3 X Off Premise Licences that can be sub-leased or operated by the leaseholder.

Large carpark with DA which could be sold off or developed

Business Summary

Marketing Agent
Damian Monahan
Damian Monahan

Chris Cameron
Chris Cameron

Key Investment Insights

1. Passive investment opportunity with a 8% ROI
2. Central location in Maryborough, QLD
3. Current owner to take up both leases and operate
4. Two leases with 30 years (10 x 3 years) each
5. Lease 1: Bar and Restaurant - $50,000 per annum with CPI increases
6. Lease 2: Accommodation - $60,000 per annum with CPI increases
7. Leaseholders responsible for 50% of outgoings
8. Strong business in both bar and accommodation
9. Government incentives available to improve the site
10. Potential for 3 off-premise licenses that can be sub-leased or operated by the leaseholder
11. Large carpark with potential for development or sale
12. Opportunity for further growth and development in the area.
Listing location

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