SOLD - Commercial Hotel Merredin 1083
This excellent regional hotel opportunity is set on 1530m2 of Commercial zoned land, fully renovated and offers 2 separate rented spaces, with a prime location in the centre of town.
Boasting a huge local wheat industry, mining and solar projects in the region and perfectly positioned on a major highway between Perth and Kalgoorlie.
The hotel features a large modern style dining area, large fully equipped commercial kitchen, separate private dining function room, public bar opening out to a spacious outdoor beer garden.
The first floor consists of a huge 40 room accommodation area with queen, double and twin rooms, plus 3 communal bathrooms. A spacious 3 bedroom residence with a kitchen, lounge area and laundry.
The hotel also includes a street front retail space, which is currently rented on a 10 year lease.
With a strong local support, popular shopping and food destination in the region and the only hotel in town, this presents a great opportunity for an investor to take advantage of this long secure leased investment with below market rent, so enquire today as this multi leased opportunity won't last.
Property Address
- Address: 62 Barrack Street
- Area:
- City: Merredin
- Country: Australia
- Zipcode: 6415
Property Overview
Price:
Investment $1,150,000