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Commercial, For Sale, Business, Accommodation Tourism, Rockhampton, Queensland

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Rockhampton QLD
$500,000 - (COMMERCIAL PROPERTY ONLY)

HOTEL BUILDING FOR SALE - (COMMERCIAL ASSET ONLY) - COMES WITH 5 YEAR LEASE (OPTIONS) - POSITIVELY

COMMERCIAL PROPERTY FOR SALE! COMES WITH SECURE LEASE (5 YEARS + OPTIONS) EXCELLENT LOCATION – EXCELLENT BUILDING (CURRENTLY THE ANCHOR HOTEL). This great commercial asset is now being offered for sale as a freehold commercial property. Set on 1179sqm of land in one of the best locations in the area. Currently leased for a period of 5 years with an additional 5 years as an option if both owner and tenant agree. It is situated in central Rockhampton next to the Old Bridge, which is a very busy intersection. This fabulous asset is a great investment. The hotel is quite large and is constructed with rendered brick. It has 3 bars, a commercial kitchen, dining hall and a large car park. It also has a number of German beers on tap and in the past has been used as backpacker accommodation. Upstairs is 6 rooms, a second kitchen a
COMMERCIAL PROPERTY FOR SALE!

COMES WITH SECURE LEASE (5 YEARS + OPTIONS)

EXCELLENT LOCATION – EXCELLENT BUILDING (CURRENTLY THE ANCHOR HOTEL).

This great commercial asset is now being offered for sale as a freehold commercial property. Set on 1179sqm of land in one of the best locations in the area. Currently leased for a period of 5 years with an additional 5 years as an option if both owner and tenant agree. It is situated in central Rockhampton next to the Old Bridge, which is a very busy intersection.

This fabulous asset is a great investment. The hotel is quite large and is constructed with rendered brick. It has 3 bars, a commercial kitchen, dining hall and a large car park. It also has a number of German beers on tap and in the past has been used as backpacker accommodation. Upstairs is 6 rooms, a second kitchen and 2 showers and toilets. There is also potential for a 14 room motel at rear (7 up, 7 down - STCA required), which could be constructed without interruption to the hotel.

Located on Bridge Street (main street that is also the beginning of the coastal highway to Emu Park and Zilzie), offering excellent passing traffic and exposure. This Commercial Asset is returning $55,000 per annum + CPI, so it is positively geared. This is an excellent investment for now and the future with further potential to develop!

To find out more, contact owner today.

Property Detail

Property ID:

9324

Type:

Commercial

240
Address:

Rockhampton QLD

Contact The Owner

Elliot
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