Iconic freehold hotel investment


218-228 Songer Street, Stoke

By Negotiation

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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- Price by Negotiation.

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