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Port of Bourke Hotel, Bourke (Investment / Freehold)

Price: $ 500,000
Sale Method: Open
Status: Recently Sold
Business: Investment
Property: Hotel
Listing #: 100119

John Parsons Hotels
www.jphotels.com.au
12 William St, Orange NSW 2800
Phone: (02) 6362 3199

"11.4% Return based on Current Rent."

Location

Bourke is a town in the north-west of New South Wales, Australia. The administrative centre and largest town in Bourke Shire, Bourke is approximately 800 kilometres north-west of Sydney, on the south bank of the Darling River.

Hotel Features:

• Fully self contained 3 bedroom residence

• Large Beer Garden

• Bistro

• Dining Room

• 18 Accommodation rooms

• Turnover $25,000 p.w (Approx.)

• Lease to April 2024

• Tenant pays all outgoings

• Yearly Rent increases

Current yearly rent $57,200 only 4.5% of turnover.