INVESTMENT HOTEL AUCTION - Soden's Australia Hotel, Albury
SOLD
- Expansive Hotel in prominent corner position
- Huge 3,152m2 block (approx.)
- Includes Hotel Licence and 16 valuable Gaming Machine Entitlements
- 19 years remaining on lease (4+5+5+5)
- Annual rental of $274,719.70 + GST, outgoings & gaming turnover rent
- Strong regional Evocity with a population of over 54,000 people
- Attractive planning overlays with B4 Mixed Use zoning, 35m height limit, and 3:1 FSR
- Rare opportunity to acquire an investment of this calibre
Auction: Onsite 3:00pm Friday 14th May 2021
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- Suburb Albury
- Region Murray Region
- Property Type Leisure/Entertainment
- Status For Sale