39 Barnes Street,
Stawell, VIC 3380
Key property information
Map of 39 Barnes Street
Commercial Investment - Hotel Freehold
New Lease Commenced: Monday 13th December 2021.
Rent: $52,800 per annum (Hotel $45,600 plus Vacant land $7,200).
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: email@example.com for more information or an inspection or contact our Ray White Ararat office on Tel: 03 5352 23....
Property ID: 503977674Last Updated: 31 Mar 2022