This prime freehold passive investment is a well-established, high-performing accommodation business at Mount Panorama, the home of Australian motor racing.
With an annual rent of $550,000, this incredible investment is underpinned by a highly experienced tenant, recently secured by ResortBrokers on a brand new 35-year lease.
Backed by personal guarantees, the lease offers both security and reliability to the incoming owner. Another major bonus is that the lessee is responsible for all outgoings.
This diversified business enjoys multiple income streams that includes individual and group accommodation, conferences, weddings and other events and functions.
This opportunity won't last long, so contact us today.
- Brand new 35-year lease
- 10-year and 5-year options
- Fair and sustainable lease
- Highly reliable tenant with great experience
- Tenant pays all outgoings
- Lease underpinned by personal guarantees
- Booming Central West regional location
- Large-scale 11-hectare property
- 300 guest accommodation capacity
- 20 motel rooms, 1 x luxury residence, 3 x cabins and 5 x dormitory lodges
- New 690 sqm function room (adjoining existing auditorium) lifting capacity to 700 guests, with a new bar and large alfresco area
- 195 sqm auditorium with quality AV facilities (seats 200 theatre-style, 120-140 at tables)
- Dining hall (seats 200) + fully licensed bar
- Exclusive to ResortBrokers
- Inspections by appointment only
