NORTHERN RIVERS NSW - FI1003542

Northern Rivers Hotel
Asking Price $995,000
Rental Income $99,925pa + GST Lease expires 2019
No. Bars 1
Bistro Yes
No. Pokies 4
Residence 2 Bedroom Manager's Residence

Vendor has said sell and will listen to all reasonable offers

This hotel has prime position and will show a great return before negotiations. Current lease expires in September 2024 with rent increasing with CPI and lessee pays all outgoings. There are two tenanted shops located in this large substantial building.

Tired of the banks this hotel shows a great return combined with opportunity and potential, this hotel is a great investment opportunity for an astute investor. Don’t miss out! Contact Gilchrist Business Brokers today.

Listing Agent
MURRAY - 0417 691 055
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