Agents
Sold By
- Loading...
Hotel/Leisure in Narromine
Under Contract | Contact Richard
- Building: 556m²
- Land: 2,750m²
The Royal Hotel is a charming country pub located in Narromine, a short minute drive from the busy regional city of Dubbo, NSW.
Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market.
The Hotel is set upon 2,750m2* of combined land over two land parcels.
The Hotel features a public bar, TAB and Keno facilities, commercial kitchen, bistro, beer garden, drive through facility, outdoor undercover area, childrens' play area and air conditioned three bedroom managers residence.
- Excellent return on investment of 8%
- Good location on Narromine's main street
- Strong rural tourist area close to the city of Dubbo
- Lease in place until August 2029 with 2x5 year option periods
- Great tenant in place
- Potential to expand the current business
- An affordable freehold opportunity for the savvy investor
Contact Richard Tegart for an appointment to inspect today!
*approx. Outlines indicative only
Building:
556m²
Land:
2,750m² / 0.68 acres
Zone:
B2 - Local Centre
Share: