Platinum Partner
Learn More
Listing Description
Listed: Tue, 19 Mar
ICONIC HOTEL
68 College Hill, Freemans Bay, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Hotel/Leisure |
| Agency reference | 4023254 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149605262&sellerId=0 |
Description
Located in Freemans Bay, this historic pub offers a purchaser the once-in-a-lifetime opportunity to own an inner city icon.
Leased to a successful operator, this well located property provides multiple income streams for the occupier.
The income totals $224,070 net rental from a business with a long, successful history, supplemented with gaming machines and office space above, in a location with ongoing growth and high barriers to entry for competing operations.
- 1,088m² Freehold site
- Located just minutes from Ponsonby, the CBD and motorway access
- Long-term tenant in place
- $224,070 income + GST and outgoings
- Recently refurbished
- Eight gaming machines
The owner is motivated to sell and will meet the market.
Contact now for further information.
For sale by Deadline Private Treaty closing 2.00pm, 26 March 2024 (unless sold prior).