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Kulin Hotel – Fully Leased Freehold Investment SOLD!

Kulin Western Australia 6365
Business For Sale, Commercial Property, Sold
0.0 0 Reviews
Price: $520,000

Business Description

SOLD!  Another Wanted. Call Chris on 0418 911642

Kulin Hotel – Fully Leased Freehold Investment For Sale

A solid, secure bricks and mortar investment in an above average progressive and growing wheatbelt community. 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.

Contact Chris Blake 0418 911642

Kulin Hotel – Fully Leased Freehold Investment For Sale

Chris Blake 0418 911642 9315 2700
www.fortune.net.au

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