123 Dandaloo Street,
Narromine, NSW 2821
Hotel, Motel & Leisure
Price information
Sold
$492,500
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Floor area
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Map of 123 Dandaloo Street
Under Contract | Contact Richard
The Royal Hotel is a charming country pub located in Narromine, a short minute drive from the busy regional city of Dubbo, NSW.
Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market.
The Hotel is set upon 2,750m2* of combined land over two land parcels.
The Hotel features a public bar, TAB and Keno facilities, commercial kitchen, bistro, beer garden, drive through facility, outdoor undercover area, childrens' play area and air conditioned three bedroom managers residence.
- Excellent return on investment of 8%
- Good location on Narromine's main street
- Strong rural tourist area close to the city of Dubbo
- Lease in place until August 2029 with 2x5 year option periods
- Great tenant in place
- Potential to expand the current business
- An affordable freehold opportunity for the savvy investor
Contact Richard Tegart for an appointment to inspect today!
*approx. Outlines indicative only
Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market.
The Hotel is set upon 2,750m2* of combined land over two land parcels.
The Hotel features a public bar, TAB and Keno facilities, commercial kitchen, bistro, beer garden, drive through facility, outdoor undercover area, childrens' play area and air conditioned three bedroom managers residence.
- Excellent return on investment of 8%
- Good location on Narromine's main street
- Strong rural tourist area close to the city of Dubbo
- Lease in place until August 2029 with 2x5 year option periods
- Great tenant in place
- Potential to expand the current business
- An affordable freehold opportunity for the savvy investor
Contact Richard Tegart for an appointment to inspect today!
*approx. Outlines indicative only
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Property ID: 503636578Last Updated: 22 Dec 2020
04186348...
123 Dandaloo Street
Narromine, NSW 2821
Ray White - Dubbo22 Talbragar Street
DUBBO, NSW 2830
DUBBO, NSW 2830
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