Property Details

103 Hovell Street, Cootamundra

103 Hovell Street, Cootamundra

For Sale $725,000 -
 Bedrooms Bathrooms Download Brochure

Family Hotel, Cootamundra

INVESTMENT HOTEL
- Brand new lease of 5 years with 4 & 5 year options (25 years)
- Very fair rent of $65,000 + GST on 2017/18 turnover of $950,000
- Annual rental increments and tenant pays all outgoings
- The building is in good condition
- Industry standard lease document
- The tenant is a very experienced operator
Circa 9% NET RETURN

Features

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Doug May

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  • Office : 0260414132
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With his excellent background in customer relations, contract negotiations and asset management, Doug has been able to successfully transfer and blend these skills and so many more into direct and positive results for his many clients. Doug is reliable, hard working and punctual.

Doug has been in the real estate ...

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