UNDER CONTRACT - High 10% Yield | Entry Level Flagship Hotel & Drive-Thru Bottle Shop Investment | Brand New 5 Year Net Lease

Description

CBRE is pleased to offer to the market The Empire Hotel & Bottle Shop, Cobar (Orana) NSW, For Sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Brand new five (5) year net lease to 2030, plus three (3) further five (5) year options through to 2045
+ The Empire Hotel: Established circa 1884¹, is a flagship hotel asset in the heart of Cobar, featuring the town’s only drive-thru bottleshop and a valuable 3 am liquor license
+ Compounding fixed 3% annual rent increases, ensuring long term compounding income growth
+ Favourable lease structure – tenant pays 100% of outgoings including rates, insurance, cleaning, management fees and land tax (on a single holding basis)
+ Commanding 2,298sqm* freehold landholding with 25m* of main street frontage to Barton Street
+ Cobar: Strategically located in the “Copper Capital of NSW’, with major mines Glencore and Aurelia recently extending Life-of-Mine plans to 2035-2036
+ Central West and Orana Region: Population set to grow to 325,000 people by 2041², supporting strong long-term residential and commercial demand
+ Net Income $156,500 pa* + GST

To be Sold via Private Treaty
Guide for Offers $1,365,000 (11.6% net return)

Please contact the exclusively appointed sales team for more information.

*Approx.
¹thepubroute.com
²profile.id

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Contact agents
Kieran Bourke Senior Director
+61 417 418 007
Flynn McFall Negotiator
+61 481 187 191
Hamish Grant Junior Sales Associate
+61 476 272 985
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Cobar, NSW

6 Barton Street

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