70-72 Goulburn Street, Crookwell, NSW 2583
Hotel/Leisure
- Property No. 503611922
- Show Page Visits
- For Sale
- Contact Agent
- Land Area
- 1330.00 m² (approx)
- Floor Area
- 1 m²
- Last Updated
- Dec 25, 2020
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Freehold Hotel Investment
This Pub has had extensive renovations in 2016 and is in a prime regional farming location close to Canberra and Goulburn.
- Hotel consists of bar, beer garden, function and dining areas plus hotel accommodation
- Prime main street position
- New long term 21 year lease from February 2020 - January 2041
- Tenant pays all outgoings, as per lease
- Net income $148,200 + GST + tenant pays all outgoings
- This represents a 5.93% yield at a sale price of $2,500,000.
- A 4.94% rental yield at $3,000,000
- Land area 1330sqm approx.
- $1,200,000 upgrade in 2016