An ideal investment opportunity for the astute investor, The Broken Hill Hotel and the adjoining property at 45 Forrest St, offers various options for future growth and development.
21 Forrest St, The Broken Hill Hotel
• Land area 2,024sqm
• Rent $88,600 plus Outgoings plus GST
• Lease expiry August 2026
• Further terms 2 x 5 year options
45 Forrest St
• Land area 1,012sqm
• Residential house
• Income $330 per week
• 3 phase power to both lots
• Connected to commercial sewer
• Previous approval for a 45 unit development
• Previous approval for larger drive though bottle shop with managers residence above
• Hotel construction designed to cater for a second floor to accommodate 15 en-suited rooms
For further information contact Marco Celenza on 0438 833 362.
This commercial property at 21 & 45 Forrest Street, Boulder is listed for sale by Marco Celenza at NAI Harcourts Metro.
It has been described by the agent as ‘Tenanted Investment Opportunity’.
If you would like to get in touch with Marco Celenza regarding 21 & 45 Forrest Street, Boulder, please call 0438 833 362 or contact the agent via email.
Your approximate repayments would be