Kulin Hotel Motel, 51-55 Johnstone Street,
Kulin, WA 6365

Hotel, Motel & Leisure

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Kulin Hotel - Fully Leased Freehold Investment - Sold! Another Wanted.

Fully Leased Freehold Investment
Lease Options to 2028
Extensive Capital Works Completed

A solid, secure bricks and mortar investment in an above average progressive and growing wheatbelt community. Above average fixtures and fittings as a result of a high level of regular maintenance. Current commercial lease in place with excellent tenant. Same tenant since commencement of lease.

Current net rent $62,400 net of GST plus all outgoings, payable calendar monthly in advance at the rate of $5,200 per month.

Asking price - $520,000, which represents an initial net return of 12.0%.

An ideal passive investment for a superannuation fund.

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Contact Phil Mulcahy 0418 6894...

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Property ID: 502635750Last Updated: 19 Mar 2018

0418 6894...

Kulin Hotel Motel, 51-55 Johnstone Street

Kulin, WA 6365

0418 6894...

Fortune Business & Property Brokers - WEST PERTH

Level 3, 1060 Hay Street
WEST PERTH, WA 6005

Phil Mulcahy
0418 6894...

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