JLL Hotels & Hospitality Group presents to market the freehold interest in the Royal Hotel in Barham NSW.

The opportunity is an excellent entry-level hotel investment which is underpinned by sound underlying assets and an enviable lease covenant.

The Royal Hotel is positioned on a large 2,927sqm landholding which includes flexible E1 Local Centre Zoning.

The hotel comprises of a single bar operation, a high performing drive-through bottle shop and multiple function areas. Included in the opportunity are 5 gaming machine entitlements and a full hotel licence. The lease covenant boasts excellent metrics, with current passing net rent being approximately $143,025 ex.

GST per annum on a straight 17-year lease term. Annual rent reviews are the greater of CPI or 3%, with the tenant responsible for all outgoings.

The sale campaign is being managed by JLL Hotel agents Greg Jeloudev and Edward Browne, with Mr Jeloudev noting, “The Royal Hotel is an excellent investment proposition which is sure to attract interest from hoteliers and commercial investors alike.

"Entry-level investment hotels are becoming increasingly rare, particularly those with gaming machine entitlements. As such, we are expecting a hotly contested campaign.”

The township of Barham is located within the Riverina district of New South Wales and is well known for its substantial agricultural production with predominant industries including cropping, horticulture, livestock farming and forestry.

Complementing the local industry is an attractive tourism industry, which includes scenic food and wine trails, an 18-hole championship golf course and several boutique farm stay venues.

The freehold interest in the Barham Hotel is offered for sale via Expressions of Interest, closing Wednesday 22 May at 12pm midday (if not sold prior).

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