Highly recommend Phil and the Team at CRE Brokers. Professional, excellent industry knowledge and great after sale support.
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1300 76 78 02CRE Brokers are excited to offer for sale the Freehold Investment of the Hibernian "HIBO" Hotel to the market. Offering investors an 8% return on investment.
This historic hotel was established in 1863 and is set in the Golden Square precinct of Bendigo. The hotel sits on a large 1208m2 parcel of Residential Zoned Land and is located in High Street, the main road in Bendigo.
The HIBO features public/sports bar with pool table and TAB, dining room, 2 x function room, beer garden, alfresco dining, commercial kitchen and kids playground.
The current tenants are trading well and offering the community dining, sports nights, Fox Sports on multiple viewing screens, function availability, take away food and a family friendly atmosphere.. They have a long lease in place with options to 2054.