Share this property

39 Barnes Street Stawell, VIC 3380

Directions

39 Barnes Street,
Stawell, VIC 3380

Hotel & Leisure

Price information

Sold

$650,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 39 Barnes Street

Directions

Commercial Investment - Hotel Freehold

Commercial Hotel Freehold Rental Investment, now For Sale. Be an astute investor and grab this opportunity to secure a sound building & tenanted investment. Very attractive details as follows:
New Lease Commenced: Monday 13th December 2021.
Rent: $52,800 per annum (Hotel $45,600 plus Vacant land $7,200).
Price: $650,000
Yield: 8.1% return.
Term: 5 years with 5 + 5 + 5 + 5 year options.
CPI annual increases.

A set & forget investment now has a new tenant with extensive business experience so you have peace of mind. A very impressive, recently refurbished hotel is very well presented & set on over one acre making it ideal for further development such as accommodation or motel units. Features include a large north facing front bar with billiard table, gas log heater, huge dining lounge bistro area leading to alfresco beer garden, a well equipped commercial kitchen with new equipment including cool room & freezer, drive through bottle shop, cool room, store room, cellar plus a 5 bedroom Manager's residence on site.

Don't miss this opportunity to invest in your future.

Contact listing agent: Phil Clark M: 0417 509 0... E: philip.clark@raywhite.com for more information or an inspection or contact our Ray White Ararat office on Tel: 03 5352 23....

Additional information

Property ID: 503977674Last Updated: 31 Mar 2022

04175090...
realcommercial.com.au logo
39 Barnes Street
Stawell, VIC 3380
Ray White Ararat - Ararat
179 Barkly Street
ARARAT, VIC 3377
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.