Kulin Hotel - Leased Freehold Investment

Business Under Offer Kulin, Western Australia 6365

Business Category Motel Tours

Under Contract / Offer

Description

Kulin Hotel - Leased Freehold Investment

Sold. Another Wanted!

Above average fixtures and fittings as a result of a high level of regular maintenance. Current commercial lease in place with excellent tenant. Same tenant since commencement of lease.

Current net rent $62,400 net of GST plus all outgoings, payable calendar monthly in advance at the rate of $5,200 per month.

Asking price - $520,000, which represents an initial net return of 12.0%.

An ideal passive investment for a superannuation fund.

Click here to view the Property Profile

Contact Phil Mulcahy XXXXXXXXXX
Contact Seller
Fortune Business & Property Brokers Admin
  • Fortune Business & Property Brokers Admin

Bsale ID: 533359

Fortune Business And Property Brokers
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