Booleroo Centre Hotel – Freehold For Sale - Return around 9% per annum!
(no street name provided),Booleroo CentreSA5482
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
No open times scheduled. Contact Agent to arrange a viewing.