PRICED REDUCED - Pastoral Hotel - 1P4085H
EXCLUSIVE TO CRE BROKERS
NSW Freehold Passive Investment Hotel For Sale
Priced to Sell ! Motivated Vendor!
The oldest pub in town, the Pastoral Hotel is a charming country style pub. Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market.
The Hotel is set upon approx. 2,758sqm of combined land over 2 land parcels (2,024 m2 & 734 m2).
The Hotel features a public bar, gaming room with TAB and Keno, commercial kitchen, bistro / function room, lounge, beer garden, outdoor undercover area, ample parking, 5 Hotel style rooms and a 5 bedroom residence.
* Excellent return on investment of 9%.
* Good location on one of Mathoura`s main streets
* Strong holiday and tourist area being 20 mins from Moama / Echuca, 30
mins to Deniliquin and approx. 2 hours from Melbourne
* Lease in place until February 2025
* Excellent and happy tenants in place
* Potential to expand the current accommodation business
* Motivated vendors ready to meet the market!
An affordable freehold opportunity for the savvy investor.
Contact Ian McDonald to make an appointment for an inspection today!
Other Features / Notes
A:INVESTMENT, B:HOTEL/BAR, C:NSW - Riverina & Murray