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Address available on request Rochester, VIC 3561

Address available on request,
Rochester, VIC 3561

Hotel & Leisure

Price information

Sale

Reduced Investment $730,000

Key property information

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Floor area

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66HI - Hotel Investment

- A unique Hotel Investment is being offered.

- Up to 10% rental return.

- 22 years remaining on the lease.

- Operated under a professional management team.

- A huge 2,147sqm block in the centre of town.

- All outgoings paid by tenant with the exception of the building insurance.

- Ample size residential accommodation.

This business is currently operated as a country lifestyle hotel with, TAB and Keno betting, Thirsty Camel Bottle Shop, Restaurant, Function room and Bar Trade give this business a number of profitable income streams.

The Criterion Hotel in Rochester was built around 1834. The building has operated as a Hotel since then.

An aggressive maintenance program has been undertaken by the current operators. This Hotel business is showing a huge growth with sensible management. If you enjoy a challenge and wish to add to your property portfolio, then consider this investment opportunity.

An inspection is the only way you will appreciate this Hotel. Call to arrange an inspection today.

Annual Rent: $76,125 plus GST

Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.

Property ID: 66HI (quote when enquiring)

Property Code: 2737

Property ID: 502807670Last Updated: 1 Mar 2020

Address available on request
Rochester, VIC 3561

Agency contacts

Tourism Brokers - NSW, QLD, VIC & TAS
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
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Reg Partington
Tourism Brokers - NSW, QLD, VIC & TAS
Address available on request Rochester, VIC 3561

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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Select agent to call

  • Reg Partington

    Tourism Brokers - NSW, QLD, VIC & TAS
    0407 *** ***
  • Annette Adams

    Tourism Brokers - NSW, QLD, VIC & TAS
    0405 *** ***