Grandchester QLD 4340
$1,150,000.00

DESCRIPTION

Phone enquiries - please quote property ID 31433.

Introducing this exceptional investment opportunity! Enjoy the benefits of a brand new long-term lease with a reliable and experienced operator already in place. With rental returns demonstrating an impressive approximate 10% yield and all outgoings covered by the tenant, this property can offer a hassle-free investment experience.

The Grandchester Hotel, a thriving freehold pub just 25 minutes from Ipswich, offers a perfect family getaway from the city. Boasting various seating areas, a fully stocked bar, a kids' play area, and an expanded kitchen to meet growing demand, this country-style Queenslander is a hub for tourists and locals alike.

Notably, over $250k has been invested in the property within the last 12 months, eliminating the need for short-term repairs and maintenance. Boasting the advantage of 3 titles of land and a 3% rent increase per annum, this property comes with the security of a long-term 15-year lease, making it an attractive proposition for investors.

Reach out to us directly for more details and secure a copy of our comprehensive Information Memorandum.

Areas of Competitive Edge:-

- 11% Yield approx. associated with the lease
- Freehold sale
- Fast-increasing business turnover
- Long-term lease in place
- 3 titles of land
- Well-trained staff in place
- Strong community support
- 25 minutes from Ipswich
- Located on the tourist route of the scenic rim of QLD
- Open 7 days
- Recent renovations.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.