Carlton Hotel Maryborough Passive Investment Hotel Sale

Off Market Group is please to present this Passive Investment Hotel Sale.

Highlighted Features:
Current Owner to take up on both leases and operate
BAR & RESTAURANT
ACCOMODATION
2 x Leases consisting of 30 years (10 x 3 years) each.
ROI - 8%
Lease 1: Bar and Restaurant lease $50,000 per annum CPI increases, lease holder paying 50% of the outgoings excluding building insurance.
Lease 2: Accommodation $60,000 per annum CPI increases, lease holder paying 50% of the outgoings excluding building insurance.
TOTAL RENT $110,000 per annum.
Strong Bar and Accomodation Business.
Maryborough is on the move with "Government Incentives" on offer to further improve site.
Potential for 3 X Off Premise Licences that can be sub leased or operated by the lease holder.

For more information or to view this property contact Damian or Chris.