- Investment (Fully-managed)
- Comes fully-managed, so you invest money but not your time. Find out more about the difference between managed and non-managed investments.
Royal Hotel in Crystal Brook - FREEHOLD INVESTMENT
Hotel Freehold Investment properties rarely come onto the market, this one is a substantial hotel, with a good long commercial lease, an experienced tenant in place and well located in the main street of the popular town of Crystal Brook.
The hotel returns a rental of $62,319 per annum plus gst being a better than 8.5% return on your money in the first year with the rent reviewed annually by CPI and the tenant paying all outgoings including insurance and maintenance. An added bonus is that there is no stamp duty charged on the purchase of commercial property in South Australia.
The hotel has a good long commercial lease in place with an experienced tenant. The Royal Hotel business is a profitable all-round business offering bar, 5 gaming machine entitlements, public accommodation, dining, al fresco dining, meeting room and a beer garden. The hotel is very popular with the local townspeople, workers staying in the accommodation and farmers from the surrounding area. The hotel also has the benefit of having an extensive private living area and fenced yard.
The hotel is on 1,662 square meters of land.
Crystal Brook is a located 200km north of Adelaide. It has a population of 2,000 people and contains all the services of a large town including schools, banking, sporting clubs and hospital.
For more details, please email broker or call agents.
