Iconic freehold hotel investment


218-228 Songer Street, Stoke

Tender

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Iconic freehold hotel investment | 218-228 Songer Street, Stoke | 4002686 |      X Close
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Iconic freehold hotel investment


218-228 Songer Street is situated in the tightly held Nelson region with excellent long-standing tenants, the Turf Hotel and Turf Liquorland. This iconic corner site occupies 3,512sqm of suburban-commercial zoned land on the corner of Main Road Stoke and Songer Street, Stoke, Nelson. This appealing commercial investment has a winning combination of desirable location, healthy long-term leases and a total combined annual net income of $322,521 + GST + OPEX.

• High profile corner location

• $322,521 net annual income

• 10 year WALT

• Two yearly rent reviews

• Four bedroom residential tenancy

• Drive through access and ample parking

Freehold commercial investments of this nature are seldom available, act now to secure your investment in the high growth Nelson Tasman region.

For Sale by Tender, closing 2pm, Wed 4 March 2020, 288 Trafalgar Street, Nelson.

Paul Vining

Nelson

Licensed under the REA Act 2008

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218-228 Songer Street, Stoke

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Paul Vining

Nelson

Licensed under the REA Act 2008

View profile