7-9 Bushman Street Parkes NSW 2870

Hotel, Motel, Pub & Leisure
3,726 m²
Sold

30 Year Net Lease - Long Term Operator Character Hotel

Auction 11am AEDT Tuesday 23 October 2018, Sydney

4 star AAA rated boutique accommodation hotel + restaurant & wine bar
30 year lease until 2044 + options to 2064
Highly experienced long term operator
20 luxuriously appointed rooms plus DA approval (lapsed) for 30 additional rooms
Strong NSW growth region underpinned by mining, tourism, logistics, infrastructure, energy and agriculture with planned $8.4B government investment in Melbourne-Brisbane land & rail project
High level of repeat corporate clientele
Attractive depreciation benefits
Annual rent increases to greater of CPI or 3%
Net lease, tenant pays all outgoings

Net Income: $191,336 pa + GST

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	23 Oct 2018
Floor Area	Ask Agent
Land Area	3,726 m²
Parking	Ask Agent
Property ID	2014659366
Category	Hotel, Motel, Pub & Leisure
Last updated	23 Oct 2018

Map for 7-9 Bushman Street Parkes NSW 2870

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	23 Oct 2018
Floor Area	Ask Agent
Land Area	3,726 m²
Parking	Ask Agent
Property ID	2014659366
Category	Hotel, Motel, Pub & Leisure
Last updated	23 Oct 2018

Listed by

Dean Venturato

Burgess Rawson Sydney

Call

0412 840 222

More about 7-9 Bushman Street Parkes NSW 2870

7-9 Bushman Street Parkes NSW 2870 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 3,726 m². The listing ID for this property is 2014659366.

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