41-45 Darling Street Wentworth NSW 2648

FREEHOLD HOTEL MOTEL INVESTMENT

CRE Brokers are proud to offer the Royal Hotel/Motel in Wentworth NSW on a freehold passive investment basis. Located in the Murray River/Sunraysia region, Wentworth is only 30km's from the heart of Mildura.

Established in 1866 the Royal is the oldest continually licensed hotel in Sunraysia and enjoys a prime central location with spectacular Darling River views to the rear of the property. Wentworth is an historic tourist destination, where the Darling River joins the Murray River and it's also the start of the iconic Darling River Run - a journey of some 730km's into outback NSW following Australia's longest river.

With a secure 20 year lease to experienced long term operators in place, there is in excess of 17 years remaining providing a perfect investment opportunity to add to your portfolio!

Sited on a large allotment of 1,821m2 (approx.) the freehold hotel/motel comprises a generous public bar, gaming room including ownership of two EGM's, ladies lounge, lounge bar & pool room, dining room/bistro with seating for up to 65 pax, commercial kitchen, external beer garden overlooking the Darling River, the adjacent former printing works building, a drive-thru bottle shop and eight valuable motel rooms configured into queen and twin accommodation with laundry attached.

With multiple revenue streams available to the tenant and the lease delivering strong market based rental returns, this is the ideal time to acquire a solid investment property backed by the ownership of two electronic gaming machines and before the anticipated interest rate reductions drive more investors into the sector!