BRAND NEW 30 YEAR LEASE SHOWING HIGH RETURNS
30 rooms offering a range of rooms ranging from families to singles
New 30 year lease with initial rent being fixed for the first two years and from year three rises will be CPI or 3% whichever is the lesser.
Large fully equipped restaurant with commercial kitchen and equipped bar. This has not been used by the current owners and if re-opened would generate a high cash flow.
Located in the large regional centre of Nowra and only 15-30 minutes to well-known attractions such as Berry, Huskisson, Jervis Bay, Shoalhaven Heads, Seven Mile Beach, Hyams Beach, Culburra, Callala & Honeymoon Bay just to name a few. The National Parks - Booderee National Park, Botanic Gardens and Jervis Bay are just 25 minutes’ drive away.
3 bedroom owner’s accommodation plus reception area
In addition to the 30 current rooms, there is approval to construct a further 16 units (land area is 1 acre) which can be constructed by the tenant under terms to be decided upon.
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