Above Average Passive Investment 9% Roi on Purchase price of $1,395,000

Launceston & North East Region, TAS
Asking Price $1,395,000
Revenue
Profit
About

This standout, landmark property on prominent corner position, is a strong positive cash flow investment.

Whole property is excellent order and condition, with a tenant who has a substantial investment in the business.

All three forms of gaming, 16 quality hotel rooms and four deluxe motel rooms, owners apartment, public bar, dinning room, large function room known as the Stronach Room, ample on site parking.

The tenant enjoys a broad income base from Keno, TAB, Pokies, accommodation, meals, beverage and over the counter sales.

The freehold passive investment and or the business are for sale.

View the attached video.

For further information on this exciting and rare opportunity contact Neha Suyal on xxxxx or Paul Scott on xxxxx or email xxxxx INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.

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Listed By: Last Updated 20 Apr 2025
Contact this seller
What's your enquiry about?
Listed By: Last Updated 20 Apr 2025