2 King Street, Scottsdale, Tasmania
Above Average Passive Investment 9% Roi on Purchase price of $1,395,000
$1,395,000
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.
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. Landmark property with prominent corner position
2. Strong positive cash flow investment
3. Tenant with substantial investment in the business
4. Excellent condition and well-maintained property
5. Broad income base from multiple sources (Keno, TAB, Pokies, accommodation, meals, beverage, over the counter sales)
6. Multiple revenue streams including gaming, accommodation, food and beverage
7. Ample on-site parking
8. Rare opportunity to purchase both the freehold passive investment and the business
9. Video available for viewing
10. Experienced and knowledgeable real estate agents available for further information and inquiries
11. Potential for further growth and development
12. Figures quoted are approximate and subject to change
13. Buyers are encouraged to conduct their own investigations and inquiries before making a purchase
14. No warranty or statement made by the vendor or anyone on their behalf should be relied upon.
Video
