City fringe freehold hotel for sale PCB-0010

DESCRIPTION
  • 10km from CBD
  • Land size close to 650 SQM
  • 42 CCTV
  • Commercial zoo 1
  • 5 levels plus basement night club
  • 40 rooms
  • Yearly turnover of $3.5 mil-$4 mil
  • Yearly rent $525,000 plus GST
  • Potential: opposite property got permit for 6 level building, current can build at least 2 penthouse on top
  • 30 years lease for hotel
  • 30 years lease for bar

Asking price: $15 million

To arrange an inspection, please contact Laura Sun on 0414237778

GALLERY
Balance Business & Real Estate

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