overview
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1P2128
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Leisure
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Sold
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1190 sqm
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4062.12 sqm
Description
Troubridge Hotel Motel Edithburgh - Freehold Hotel Investment
- Well presented single storey hotel
- Excellent facilities including 15 gaming machines
- Adjoining 10 unit two storey motel plus large separate Manager's residence
- Current rental income of $112,500* per annum plus GST (recently reviewed to market)
- Next rental increase to CPI in November 2018
- Excellent corner location
- Long term lease in place
- Situated in the centre of a popular tourist township located on busy Yorke Peninsula
- Inspection strictly by appointment with agent only
This hotel has excellent street appeal and presence making it a very attractive freehold investment. Rarely do hotel investments of this quality come onto the market in this tightly held region.
(*approx)
- Excellent facilities including 15 gaming machines
- Adjoining 10 unit two storey motel plus large separate Manager's residence
- Current rental income of $112,500* per annum plus GST (recently reviewed to market)
- Next rental increase to CPI in November 2018
- Excellent corner location
- Long term lease in place
- Situated in the centre of a popular tourist township located on busy Yorke Peninsula
- Inspection strictly by appointment with agent only
This hotel has excellent street appeal and presence making it a very attractive freehold investment. Rarely do hotel investments of this quality come onto the market in this tightly held region.
(*approx)