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Hotel Gracelands, 7-9 Bushman Street Parkes, NSW 2870

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Hotel Gracelands, 7-9 Bushman Street,
Parkes, NSW 2870

Hotel, Motel & Leisure

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Map of Hotel Gracelands, 7-9 Bushman Street

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Brand New 30 + 10+ 10 Year Lease from 2014 High 9% Return

4 star AAA rated boutique accommodation hotel + restaurant & wine bar
Highly experienced long term operator
20 luxuriously appointed rooms
Midpoint between Melbourne & Brisbane on busy Newell Hwy
High level of repeat corporate clientele
Massive depreciation benefits
Annual rent increases to greater of CPI or 3%
Net lease, tenant pays all outgoings, as per lease

Net income $170,000 pa + GST
Offers circa $1,900,000 (showing 9%net return)

Dean Venturato 0412 840 2...

Property ID: 501097147Last Updated: 2 May 2014

04128402...
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Hotel Gracelands, 7-9 Bushman Street
Parkes, NSW 2870
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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