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Mixed use
Sold
18 Toomey Street, Yarraman
Toomey Street, Yarraman
POA
Price
1400sqm
Size
mixed use
Description
? Iconic freehold hotel located just 1.5hrs from Brisbane ? Prime location at the junction of two major highways ? Large 2,041m2 land area with two street frontages across two titles plus 1,400m2 of building area ? Public & lounge bars, large TAB section and poker machines, large bistro and bottle shop ? Upstairs accommodation including six rooms plus managers quarters ? Town is part of the historic Brisbane Valley Rail Trail, the longest rail trail in Australia ? New 5-year lease to 2026 plus 4 x 5 year options and annual CPI increases ? Tenant pays all outgoings and maintenance ? Net income: $120,000 pa + GST
