22 Rowe Street, Ouyen, Victoria
SOLD - Freehold Passive Investment - Victoria Hotel, Ouyen VIC - 1P0042
SOLD
Business Description
EXCLUSIVE TO MHB
Offering a secure 9.5% (approx.) Return on Investment.
Presenting strong returns with good potential capital growth in the area, this is a genuine opportunity to enter the investment market with a long lease to the investor.
Built in 1919, the Victoria Hotel is the only Hotel in town and is perfectly situated on the main thoroughfare through town with many features including a spacious public bar, walk in bottle shop, TAB, function room, 120 seat bistro, commercial kitchen, lounge, balcony area, beer garden and ample parking. As an added bonus there are 32 hotel rooms plus a large separate 4 bedroom family residence.
* Excellent 9.5% ROI
* 11 years remaining on current lease with good tenant
* Only Hotel in the Mallee Region
* Secure rental return of $68,883 pa
* Separate and large 4 bedroom family residence
* 32 hotel style rooms
* Situated on 3,801m2 (approx.) of Township Zoned land
A fantastic opportunity to acquire the only Hotel within the rich farming region in the Mallee District in North Western Victoria.
This fantastic investment property is a wonderful opportunity for an investor to take advantage of an established and rewarding business.
Make an enquiry with Ian McDonald today. You won`t be disappointed.
Business Summary
Key Investment Insights
1. The Victoria Hotel is the only hotel in the Mallee Region, providing a unique opportunity for investors.
2. The hotel has a long lease with a good tenant, providing a secure rental return of $68,883 per annum.
3. The property offers a strong return on investment of 9.5%.
4. The area has potential for capital growth, making it a valuable investment opportunity.
5. The hotel has been in operation since 1919, demonstrating its long-standing presence in the community.
6. The property includes a spacious public bar, walk-in bottle shop, TAB, function room, bistro, commercial kitchen, lounge, balcony area, beer garden, and ample parking.
7. The hotel also includes a large separate 4 bedroom family residence, providing additional value for investors.
8. The property is situated on 3,801m2 of Township Zoned land, offering potential for future development.
9. This investment property is a fantastic opportunity for investors to enter the market with an established and rewarding business.
10. Interested investors can make an enquiry with Ian McDonald for more information.
