Passive Investment Hotel Sale - Central Hotel Maryborough Qld.

PASSIVE INVESTMENT HOTEL SALE IN THRIVING MARYBOROUGH QLD.

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.

* Lease 1: Bar and Restaurant lease $50,000 per annum CPI increases, lease holder paying 50% 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.

Contact Damian Monahan on Ph: 0498 204 926 or Chris Cameron on 0477 271 875 for an inspection or further details.