8.2% PASSIVE INVESTMENT RETURN! - 75HI

INVESTMENT $2,500,000

The Far North Queensland Hotel is very well supported by the locals, tourists and visitors over many years of trading and now is for Passive Investment Sale. The Hotel has a long pedigree of providing excellent service and the town has a long standing agriculturally rich history.

This is a one-off opportunity for the astute buyer to purchase a Passive Hotel leave of 18 years with an annual rental of $204,800 plus GST. The Landlord pays insurance and rates on the property.

The Hotel has the following engaging features making this a successful business:

Large friendly public bar area, internal and external.
12 hotel rooms with shared bathrooms.
2 fully renovated apartments one for the owner and one for Air BnB.
8 Pokie machines to be assigned over for use.
Keno and TAB available.
Gaming room.
Licensed outdoor dining area for 60 people.
Outdoor grass beer garden - very popular.
Easy, accessible drive through bottle shop well stocked - super-sized drive-through bottle shop.
Commercial grade kitchen - excellent reviews.
Dining room - 2,100 meals a week are served.
Various cold rooms and storage areas.
Recently installed Solar System.
The Hotel has been recently painted and building maintenance is of a high standard.

Eight years left on the current lease term, and a further 10-year option, giving you 18 years. The hotel is trading strong and current financial figures are available to genuine buyers.

Annual Rent: $204,800 plus GST

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 75HI (quote when enquiring)

Price	INVESTMENT $2,500,000
Location	Innisfail
Property ID	75HI
Category	Hotel

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If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

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