Booleroo Centre Hotel – Freehold For Sale - Return around 9% per annum!

(no street name provided),Booleroo Centre SA 5482

$390,000

HotelSize: n/a
Rare freehold hotel investment opportunity in the magnificent Flinders Rangers offering a return of 9.0% pa on current rental.

Well maintained character double storey hotel building established in 1883.

The hotel has been extremely well maintained throughout with features including:-

* Prominent corner location in the centre of town
* Well presented bar, dining and accommodation
* Large Manager’s/Family living quarters, outside retreat and ample shedding
* Rental approx. $36,900 pa inc GST
* Character dining room with dedicated bar facilities & kid’s play room
* Separate dining/function area
* Excellent return on investment available with long lease in place
* Licensed verandah with heating
* 7 hotel rooms situated on the first floor
* Long trading history
* Long term lease in place (3+5+5+5 years)

Booleroo Centre is a country town in the Mid North of South Australia with a Hospital, Area School R-12, Post Office, Bakery, IGA, Retirement and Aged Care Village and many other specialty shops.

Booleroo Centre is a Farming district with a strong sporting Community.

Phone enquiries - please quote property ID 20185

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Hotel
Stamp Duty:$13,040

Booleroo Centre Suburb Information

 
 
Average Age
50 years
Population
584
Booleroo Centre Profile
Booleroo Centre Occupancy
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This listing has been viewed 1 time. It was first displayed on 30/08/18 and last updated on 10/02/19.