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Iconic freehold hotel investment

218-228 Songer Street, Stoke

Hotel Motel Leisure
dollar

Negotiation

Floor area
1813m2
Land area
3512m2
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Property details

Listing # 4002686 | Listed on 13 April 2022

218-228 Songer Street is situated in the tightly held Nelson region with excellent long-standing tenants, the Turf Hotel and Turf Liquorland. This iconic corner site occupies 3,512m2 of suburban-commercial zoned land on the corner of Main Road Stoke and Songer Street, Stoke, Nelson. This appealing commercial investment has a winning combination of desirable location, healthy long-term leases and a total combined annual net income of $322,521 + GST + OPEX.

  • High profile corner location
  • $322,521 net annual income
  • 10 year WALT
  • Two yearly rent reviews
  • Four bedroom residential tenancy
  • Drive through access and ample parking

Freehold commercial investments of this nature are seldom available, act now to secure your investment in the high growth Nelson Tasman region.

For Sale- Price by Negotiation.

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