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Saleyards Hotel Rockhampton, 52 Gladstone Road Rockhampton City, QLD 4700

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Saleyards Hotel Rockhampton, 52 Gladstone Road,
Rockhampton City, QLD 4700

Hotel, Motel & Leisure

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Map of Saleyards Hotel Rockhampton, 52 Gladstone Road

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ATTRACTIVE FREEHOLD INVESTMENT

The Saleyards Hotel is situated over two level on a highly visible corner site within the suburb of Allenstown which is located only 3kms from Rockhampton's CBD.

• Substantial street frontages, including frontage to the Bruce Highway and close proximity to main shopping malls;
• Iconic hotel in the local community with strong local patronage;
• Large and level 1,040 sqm site (approximately);
• Single point of sale operation;
• Well appointed public bar and bistro areas which have undergone recent renovations;
• Valuable Gaming Machine Licence with 15 Gaming Machine Authorities;
• 14 year lease including options (approximately);
• 6 Motel style rooms providing a diversified income stream to the hotel;
• Well appointed commercial kitchen with modern appliances, most updated within the last 2-3 years;
• Passive income for an incoming investor;
• Current Rental: $179,614.92 per annum plus GST;
• Triple Nett Lease with the tenant paying all outgoings;
• Annual rent reviews above inflation at CPI + 1%.


Under instructions by receivers and managers PPB Advisory.

Property ID: 500639327Last Updated: 24 Feb 2014

02 9333 33...
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Saleyards Hotel Rockhampton, 52 Gladstone Road
Rockhampton City, QLD 4700
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000
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