Opportunity is knocking in the fast growing town of Bunyip, as we are selling the historical Bunyip Pub, located at 14 Main Street, Bunyip.
Currently tenanted on a secure 5 x 5 x 5 year lease and returning over $53k pa with a rent review due this month, our tenants are keen to continue to invest in this iconic landmark as business is growing, as the town grows and more patrons enjoy the charm and ambiance on offer.
Comprising a public bar, restaurant, beer garden and a function room, you are purchasing the land plus the bricks and mortar only, but will take over the existing lease with very motivated tenants who are growing their business every day and are keen to stay on.
This outstanding investment could be the ideal purchase for your self-managed super fund or just to add to your portfolio. The population is going to grow substantially in these outer south/east areas over the coming years and in some cases, we could see the population all but double over the next 20 years. This will ensure that your investment will be protected for a long time to come and the local watering hole becomes more popular.
We are currently calling for expressions of interest to purchase and if required, we will be auctioning the hotel on the 28th of July, 2018 at noon. For further details, please contact the listing agents from O'Brien Real Estate Pakenham - Antoinette Mitchell on 0447 677 181 or Rod Capuano 0n 0414 960 0... or in the office on 5940 4044.