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Gladstone Hotel, 44 Mary Street, Dookie, Vic 3646

Gladstone Hotel, 44 Mary Street, Dookie, Vic 3646

Hotel/Leisure

  • For Sale
  • Freehold Passive Investment - $465,000
  • For Sale

  • Land Area
  • 2425.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 14, 2020

Additional Details


Interested in this property? Contact an Agent today

CRE Brokers - Australia

Unit 4, 10 Lakewood Boulevard

Carrum Downs Vic 3201

Dan McDonald

VIC Investment Hotel For Sale - 1P4554H

EXCLUSIVE TO CRE BROKERS

The iconic Gladstone Hotel, Dookie.

This Hotel offers a fantastic and affordable opportunity to enter the tightly held investment market.

Built in the 1880`s the Gladstone Hotel is ideally situated on a corner block on the main thoroughfare through town and features a spacious open plan public bar, lounge with open fire, restaurant / bistro with seating for up to 60, beer garden, footpath trade, plenty of parking for patrons plus a large 6 bedroom residence with 2 lounges.

Also affectionately known as the "The Dookie Pub", it is renowned for its excellent food within the region and is well patronised by loyal locals and sporting community groups.

* Secure 8.9% (approx.) return on investment
* Long lease with secure tenant
* Only Hotel in town
* Huge 6 bedroom residence
* Secure rental return of $41,208pa
* Situated on a 2,425m2 (approx.) of Township Zoned Land

This is a wonderful opportunity for a savvy investor.

Contact Dan McDonald at CRE Brokers to arrange an inspection.

Gladstone Hotel, 44 Mary Street, Dookie, Vic 3646

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