ICONIC HOTEL INVESTMENT OPPORTUNITY – FREEHOLD ONLY -
RENTAL: $134,090 pa plus GST
LEASE TERM: 5 Years commenced 16/06/06
OPTIONS: 3 x 5 Years maximum term to 15/06/21
LAND: 1,107m2 approx.
BUILDING: Floor area – 896.9m2 approx.
Ground Floor: 4 Bar areas (main, lounge, restaurant, outdoor),dining, second restaurant area, kitchen, cool-room, stores and amenities.
First Floor:- 15 Rooms, 2 bedroom Managers Residence, 5 bathrooms, laundry. Balcony.
TERMS: 10% Deposit. Balance: 60 Days