Long established Freehold Country Hotel investment - long lease to an experienced operator
This two storey substantial country hotel complex in Yarraman Queensland is offered for sale with a new 10 year lease with 2 further 10 year option terms. The property consists of public & lounge bars, poker machines, a large TAB section with multiple screens, pool table, BBQ, bistro & dining room with offsite catering, bottle shop and entertainment garden open till midnight.
Flexible accommodation is available with all rooms having new beds, bedspreads, carpet, digital TVs and a fridge. Parking is not a problem with ample space for even the largest caravan or RV.
The Royal Hotel is within 1½ hours of Brisbane at the beginning of New England Highway on the D’Aguilar Highway, an ideal location to stop for all travelers. It has been a part of Yarraman since they had to mow the main street.
This freehold investment opportunity has the luxury of a new long-term lease to experienced operators with an excellent trading record which easily supports the commencing rent of $110,000pa + GST.
- Land is 2,041 m²
- Floor Area is 1,400 m²