Rare Canberra Freehold Hotel Investment on the cusp of the Gunghalin & Belconnen town centres
Medium term lease remaining with current Net Income$367,744 ex GST per annum
3% annual increases ensuring built in income growth and capital appreciation
Attractive lease structure with all outgoings and utilities payable by the tenant including all non-structural repairs & maintenance
Profitable business with experienced tenant that has operated the hotel for 13* years
One of the largest licensed trading footprints within the ACT both in terms of pubs and clubs
Limited competition, legislative restraints and exorbitant construction costs ensure high barriers to entry for new greenfield licensed premises within the ACT
Tudor style tavern building comprising ground floor public bar, bistro, kitchen, manager’s residence, numerous outdoor beer gardens and large car park
Large 7,048 sqm* landholding with tangible underlying land & building value
Flexible CZ6 – Leisure & Accommodation zoning with low land utilisation which supports future redevelopment of the site (STCA)
Situated within the Gold Creek Tourist Precinct comprising the National Museum, Australian Reptile Centre, Gold Creek Tourist Resort & Federation Square Retail Precinct
Located 12km* from the Canberra CBD and within the city’s North-West Growth Corridor with numerous master planned residential communities either recently completed, under construction or in the planning pipeline (STCA)