2 King Street, Scottsdale, Tasmania
Above Average Passive Investment 9% Roi on Purchase price of Offers over $1,299,000
SOLD
Business Description
This standout, landmark property on prominent corner position, is a strong positive cash flow investment.
Whole property is excellent order and condition, with a tenant who has a substantial investment in the business.
All three forms of gaming, 16 quality hotel rooms and four deluxe motel rooms, owners apartment, public bar, dinning room, large function room known as the Stronach Room, ample on site parking.
The tenant enjoys a broad income base from Keno, TAB, Pokies, accommodation, meals, beverage and over the counter sales.
The freehold passive investment and or the business are for sale.
View the attached video.
Asking offers over $1,299,000.
For further information on this exciting and rare opportunity contact Neha Suyal on ---------- or Paul Scott on ---------- or email ---------- NDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.
Business Summary
Key Investment Insights
1. Strong positive cash flow investment with a 9% ROI on purchase price of offers over $1,299,000.
2. Landmark property with prominent corner position.
3. Excellent overall condition and well-maintained.
4. Tenant has a substantial investment in the business.
5. Diverse income streams from Keno, TAB, Pokies, accommodation, meals, beverage, and over the counter sales.
6. Includes 16 hotel rooms, 4 deluxe motel rooms, owners apartment, public bar, dining room, and large function room.
7. Ample on-site parking.
8. Option to purchase the freehold passive investment and/or the business.
9. Attached video available for viewing.
10. Rare and exciting opportunity.
11. Potential for further growth and development.
12. Buyers advised to conduct their own investigations and enquiries.
13. All figures quoted are approximate.
Video
