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Timaru

2 Barnard Street, Timaru, Timaru

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1sqm Floor area
859sqm Land area SQM

By Negotiation

Queens Hotel - Freehold Investment


For Sale, Price by Negotiation

- Well maintained building
- Rental $35,000pa
- 859m2 land area

The Queens Hotel makes sound investment sense and is a delightful and classic type of its era. A good opportunity for first time commercial investors, the hotel has revenue streams from the bar, dining room and accommodation. There is also an owners flat, garden bar and off-street parking. The freehold owners have been committed to a regular maintenance program of the building and the current annual rental is $35,000pa.

Kate Mullins

Kate Mullins


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Freehold


Land and building investment

Location


Centrally located with good profile

Option


The Leasehold (or business) is also available for sale