11 Business / Investment Property Guide - CRE Brokers
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Business / Investment Property Guide
EDITION #11, APRIL 2018
11
CRE BROKERS
Welcome to the
11th edition of infocus
2018 Financial Year has proven to be a bullish year for the CRE Brokers are continuing to employ and train more new
Tourism Sector. There are no signs of the market slowing brokers who have existing industry experience, our two
with growing transaction numbers and strong investor newest Brokers are Andrew Pickering and Rohan Pertzel.
returns being achieved. Confidence to invest in the tourism We are currently looking for new brokers to service the
hospitality markets are at their highest levels post the 2008 South Coast of NSW and the Melbourne Metropolitan Area.
Global financial crisis.
As always CRE Brokers hope you are enjoying the content
In a recent article Deloitte Access Economics have stated and the editorials of Infocus. CRE continue to grow and
that the tourism and hotel market outlook picture remains maintain our position as industry leaders in the Australian
remarkably friendly for economic growth which, together Tourism and Hospitality Sector. Our team of experienced
with a supportive Australian dollar, sets the scene for brokers are always here to assist you.
continuing growth of Australia’s tourism industry. Domestic
leisure tourism expenditure in Australia is growing faster than
consumer spending over time, indicating that Australians are
spending more of their discretionary income on holidays.
CRE Brokers are pleased to report a record quarter for sales
across our portfolio and as the demand for properties is very Th ank yo u ,
CRE Brokers
strong we will continue to invest in additional resources to
meet the needs of our growing customer base.
Front Cover: French Island Glamping (Page 32)
02 www.crebrokers.com | 1300 767 802
INDEX
CARAVAN PARKS
05
HOTELS
11
MANAGEMENT RIGHTS
23
MOTELS
25
OTHER
32
Victoria NSW
Head Office Albury Office
3 Fairborne Way, Keysborough VIC 3173 Suite 1E, Level 1, 429 Swift Street, Albury NSW 2640
Tel: 1300 767 802 Fax: 03 9580 3355 Tel: 02 6023 5777 Fax: 02 6023 5778
mail@crebrokers.com mail@crebrokers.com
Sydney Office
Suite 306, 247 Coward Street, Mascot 2020
Tel: 1300 767 802
Queensland/Northern NSW
Sunshine Coast Office Tasmania
3A 5-7 Birtwill Street, Coolum Beach, QLD 4573
3 Fairborne Way, Keysborough VIC 3173
Tel: 0456 000 880 Fax: 07 5335 1696
Tel: 1300 767 802 Fax: 03 9580 3355
admin@crebrokers.com
phil@crebrokers.com
Business / Investment Property Guide | EDITION #11, APRIL 2018 03
LIQUOR,
HOSPITALITY
& TOURISM
LEGAL EXPERTS
Restaurants, Pubs, Hotels, Motels and Caravan Parks
make up the Victorian Hospitality and Tourism Industry
With a long established reputation we Expert legal advice for sale and purchase
of: Hotels, Motels, Caravan Parks and all
will assist you with Freehold and Leasehold Licenced and Gaming Venues.
business purchase or sale Victoria wide.
› Attend to new liquor licences and gaming licences
and transfers. Hotels recently acted on behalf of:
› Auctions and Private sales of hotels and all other
licenced premises. Yarram Club Hotel
› Victoria wide assistance with: Sugarloaf Motel Broadford
› Auction or Private Sale Royal Hotel Seymour
› Gaming Licences and Transfers Little River Hotel Ensay
Royal Hotel Drouin
› Liquor Licences and Transfers (all Licence applications)
› Compliance advice
› Sale and Purchase with liquor licences including
due diligence and negotiation of contract terms
48 Albert Street, Warragul VIC 3820 | PO Box 1330, Warragul VIC 3820 | DX 82028 Warragul
p: (03) 5622 1366 f: (03) 5622 1515 e: miceal@micealambrose.com.au w: micealambrose.com.au
04 www.crebrokers.com | 1300 767 802
CARAVAN
PARKS
ALLAWAH CARAVAN PARK PAYNESVILLE VIC
Caravan Park Freehold and Business
CRE Brokers are pleased to be offering for private sale;
INVESTMENT HIGHLIGHTS
■■ A substantial caravan park freehold and Sites
business as a going concern. Annuals 100
■■ Approximately 9.47 acres of ‘Residential 1’ Permanents 13
zoned land.
Serviced Tourist Sites 38
■■ Two residences including a modern 4 bedroom
Cabins 11
waterfront home.
Total 162
■■ 162 caravan park serviced sites and 54 boat
storage sites.
■■ Profitable business underpinned by 100 annuals
and 13 permanents.
■■ Potential for subdivision or as a manufactured
home park.
FINANCIALS METHOD OF SALE BROKER
Income for Years Ending June 30 2016 2017 Private Sale
$5,300,000
Kevin Connolly
$645,000 $645,400
0412 772 290
Settlement 60 days, 10% deposit
payable on date of sale.
Business / Investment Property Guide | EDITION #11, APRIL 2018 05
ASPEN LODGE CARAVAN PARK MOOROOPNA VIC
A Proven Money Maker
■■ This strongly performing permanent ■■ A great bottom line the opportunity FINANCIALS BROKER
accommodation caravan and cabin presents to run under management Turnover 2016/17 $454,851
Dan McDonald
park is a proven money maker. or owner operate with secure returns. Net Profit 2016/17 $242,000
(After Rent) 0427 572 718
■■ All on-site cabins and caravans are ■■ Long lease.
Rent $8,015 per month
inclusive of the purchase price except Room to develop and expand current
■■
(incl. GST)
one annual cabin holding. vacant sites. Buyer’s Yield 37%
■■ 39 cabins, 27 vans and 4 vacant sites. ■■ 3 bedroom owner / manager residence.
■■ Monthly minimum rental term tenancies ■■ Rent at an incredible 19% turnover.
create an easy to run operation. METHOD OF SALE
■■ Set on approx. 10933.40 m2 of land. Leasehold $650,000
■■ Priced to sell with a 37% ROI to
■■ Excellent opportunity not to be missed.
the purchaser.
SO
LD
BURRUM RIVER CARAVAN PARK BURRUM TOWN QLD
Ideal Riverside Location
■■ 80 powered Sites (+ 14 new sites), 18 unpowered sites, 40 drive through Sites, 2 ensuite units, BROKER
■■ 2 cabins, 30 privately owned vans. Craig Clark
■■ Facilities include swimming pool, large deck area, camp kitchen, pontoon on the river, 0456 000 880
boat ramp and low maintenance gardens.
■■ 14 new very large powered sites already proving to be popular.
■■ Substantial increase in revenue expected.
■■ 3 bedroom manager’s residence with ensuite and a day room by reception.
06 www.crebrokers.com | 1300 767 802
LAURIETON GARDENS CARAVAN PARK LAURIETON NSW
Upcoming Auction
A very easy to operate Freehold caravan park positioned within the tranquil township of Laurieton, renowned for its
pristine waterways and mountainous backdrops.
The park has been very well maintained and its presentation is second to none. Over half of the park is occupied by
quality permanents, however a range of well presented onsite accommodation and a pleasant camping/powered site
area is also available.
In its present form, this property offers a very secure income and an enviable lifestyle. The alternative would be to
transform the entire property into a Relocatable Home Park and profit from the sale of new homes, as this area is the
ideal location.
An exceptional roomy residence on the second level that overlooks the park and pool area completes the package,
including a private yard/BBQ area. There is also a second adjoining 3 bedroom unit suitable for an extended family
or partners. An inspection will certainly not disappoint.
INVESTMENT HIGHLIGHTS
■■ Secure investment in the heart of Laurieton. ■■ Stroll to shopping centre, club and medical facilities.
■■ Easy to manage, or have managed. ■■ Land Tax exempted, due to large portion of long
■■ Potential to convert totally to a Relocatable Home Park. term sites.
■■ Strong demand in area for sale of homes. ■■ Beautiful Mid North Coast location.
■■ Close to major city (Port Macquarie, 20 minutes away). ■■ Presently run under management.
FINANCIALS METHOD OF SALE BROKER
Turnover 2016/17 $378,000 Freehold Going Concern
Craig Clark
0456 000 880
Business / Investment Property Guide | EDITION #11, APRIL 2018 07
08 www.crebrokers.com | 1300 767 802
WANGARATTA CARAVAN PARK WANGARATTA VIC
Brand New Lease on Pristine Tourist Park
This is the one! Beautifully presented and immaculately maintained, the Wangaratta Caravan Park is being offered
as a Leasehold opportunity direct from the landlord.
All of the hard work has been done here over the last 12 months to prepare this outstanding tourist destination
business for the savvy Leasehold operator.
This picture postcard space offers a diverse format of accommodation options and revenue streams. New in ground
pool, new infrastructure, new plant and equipment and new technology all ready for the new tenant.
The caravan park comprises a range of accommodation options including many drive thru tourist sites with 37 powered,
20 non-powered, 4 on-site caravans, 14 cabins (10 with en-suites), children`s playground, amenities block, undercover
BBQ / recreation area, ample parking for larger caravans and RV`s all set within beautifully maintained grounds.
Looking for the ideal caravan park? Look no further. An amazing opportunity to combine both business and lifestyle
awaits a potential buyer. A real must to inspect.
INVESTMENT HIGHLIGHTS
■■ Brand new 30 year lease.
■■ Rent set for success at 19.7% of turnover.
■■ Ideal and easy to run park.
■■ 3 bedroom residence with large private yard, shed and huge workshop.
FINANCIALS METHOD OF SALE BROKER
Turnover 2016/17 $442,614 Leasehold $650,000
Net Profit 2016/17 $179,530 (After Rent)
Dan McDonald
Rent $87,500 + GST 0427 572 718
Business / Investment Property Guide | EDITION #11, APRIL 2018 09
HAY BIG4 HOLIDAY PARK HAY NSW
Outstanding Blue Chip Award Winning Freehold Holiday Park BROKER
■■ Impeccably presented, the Big 4 Hay campers, in ground salt water pool, FINANCIALS Ian McDonald
Holiday Park is the oasis at the heart undercover camp kitchen, children`s Turnover 2016/17 $653,916 0408 217 734
of the Cobb, Sturt and Western playground and amenities block all Net Profit 2016/17 $409,803
highway junctions. with gas hot water. Buyer’s Yield 12.5%
■■ Features include 44 powered sites, ■■ No annual or permanent sites.
18 refurbished new cabins with various ■■ A premium tourism offering. BROKER
accommodation options, a recently
■■ Situated on 1.21 hectares of land. Dan McDonald
refurbished 3 bedroom manager/
owner residence, ample parking ■■ Council approval to further develop 0427 572 718
METHOD OF SALE
for cars, caravans, boats, RV`s and and expand an already thriving
Freehold Going Concern
business, this is a genuine opportunity. $3,300,000
10 www.crebrokers.com | 1300 767 802HOTELS
AUSTRAL HOTEL KORUMBURRA VIC
Excellent Investment Opportunity
This is an excellent investment opportunity affording the investor a 7% return.
The Austral Hotel Korumuburra is a grand double storey hotel that has been completely renovated and refurbished.
Located at the top end of town, the hotel has a prominent corner allotment set over two titles that are zoned
Commercial 1 and with a land area of approximately 2,113m2.
The Austral Hotel has strong tenants and a lease in place and will soon be snapped up by a keen investor that
recognises a good opportunity with a favourable return.
Korumburra is a fast growing town and the gateway to the Prom Country Region.
INVESTMENT HIGHLIGHTS
■■ Great location.
■■ Strong tenants with great hotel experience.
■■ Strong regional growth town.
■■ Great return on investment.
■■ Excellent inspection.
■■ Land area or 2113m2 zoned Commercial 1.
■■ Korumburra’s population expected to double in next 10 years.
METHOD OF SALE BROKER BROKER
Freehold Passive Investment
Phil Mammolito Dave Harris
$2,000,000
0438 371 094 0404 027 185
Business / Investment Property Guide | EDITION #11, APRIL 2018 11BUNCH OF GRAPES HOTEL BALLARAT VIC
Steeped in Ballarat History
BROKER
■■ A favourite dining and watering hole for Ballarat residents for ■■ 1 ¼ hours from Melbourne.
over 100 years. Rohan Pertzel
■■ Major tourist destination – Sovereighn Hill plus others.
Our exterior proudly states 1906 as the establishment date 0438 918 919
■■
■■ 6 brand new apartments encouraging new revenue stream.
but records show the existence of a hotel on this site dating
■■ Historical significance.
back to 1868 when a J. Currell was the publican.
■■ Australia’s 3rd largest inland city.
■■ Recently refurbished and presents in immaculate condition.
■■ Features a public bar with TAB, beer garden, separate FINANCIALS METHOD OF SALE
smoking area, large bistro, children’s playroom and a Turnover 2016/17 $1,245,504 Leasehold $950,000
function area. Net Profit 2016/17 $332,833 (after rent)
■■ New 30 year lease direct from Landlord. Rent $135,000
Lease New 30 year lease
CLUB HOTEL CLUNES VIC
Daylesford Hepburn Region
■■ Fantastic opportunity to reopen this historic hotel as a ■■ Located in the sought after Daylesford Hepburn Region BROKER
boutique wedding venue, micro-brewery or traditional with over 2 million tourists annually and promoted by
Dave Harris
regional venue as the opportunities are endless. Tourism Victoria as the leading Wedding region for the state.
0404 027 185
■■ Positioned perfectly on the main street in town this large ■■ This is the perfect blank canvas to create the next boutique
two storey hotel is set on approximately 2772.3 m2 of venue for the region.
Township Zoned land. ■■ 90 minutes from the Melbourne CBD
■■ Boasts a street frontage courtyard area with multiple ■■ 20 minutes from Ballarat and the Daylesford
deck and seated space. Hepburn Region.
With two separate entrances this venue can cater for METHOD OF SALE
■■ ■■ Wesley College Campus behind the hotel
multiple events or functions simultaneously. Freehold with Vacant Possession
■■ Annual Book Town event averages approximately $1,190,000
■■ 7 accommodation rooms, lounge and conference room 18,000 visitors.
areas which can be partly converted into a residence.
12 www.crebrokers.com | 1300 767 802COMMERCIAL HOTEL HEYFIELD VIC
Close to Lake Glenmaggie
■■ CRE Brokers are pleased to offer the Commercial Hotel, METHOD OF SALE BROKER
Heyfield Leasehold to the market. Leasehold $110,000
Phil Mammolito
■■ Offering multiple streams of income, drive thru bottle shop,
0438 371 094
bistro, function room, accommodation, beer garden, outside
dining ideal for functions and music, performance stage at
the rear, manager’s residence.
■■ Ticks all the boxes, ideal husband and wife opportunity.
■■ Close to the tourist hot spot Lake Glen Maggie.
■■ Offering a long lease and fair market rent.
■■ Book your inspection today.
CULCAIRN HOTEL CULCAIRN NSW
Beautiful Historic Country Hotel Passive Investment
BROKER
■■ Situated in the rural town of Culcairn, 50 kms from ■■ Multiple income streams.
Albury and 78 kms from Wagga Wagga. Dan McDonald
■■ Securely leased rental return of $113,568 pa.
0427 572 718
■■ Built in 1891 and features balconies on the front ■■ 11 Poker Machine Entitlements represent
and back of the hotel, a public bar, TAB, 11 PMES, exceptional value.
commercial kitchen, dining/function room, bistro/
■■ Currently under lease,this is an outstanding
restaurant, newly appointed in house coffee bar, a
opportunity to be successfully run under
picturesque beer garden with rotunda, historic water
owner operation.
feature, stage, manicured gardens, 20 hotel rooms
and a manager`s residence.
METHOD OF SALE FINANCIALS
■■ Only hotel in town - set on 6,072m2 of land. Freehold Passive Investment $1,400,000 Turnover 2016/17 $1,002,285
Business / Investment Property Guide | EDITION #11, APRIL 2018 13Client Bulletin 24/01/2018
What a Year and Here It Comes
We live in uncertain times. Disruption is everywhere. Unpredictability is the new
normal and in a world of constant change who would dare to suggest what 2018
might hold.
Yep, you guessed it, I’ll have a crack! Let’s look at 2018 with crystal ball in hand and
tongue firmly in cheek. In no particular order and based on nothing but wild
guesses, blind hope and a generous serve of optimism here we go..........
Client Bulletin 24/01/2018Client Bullet
1. The word Like is What
banned afrom useand
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a Year the age
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and of 35,
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rendering speechless an entire generation and having absolutely no negative
impact in the national discourse
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is everywhere.
times. Disruption
Unpredictability
is everywhere.
is the new
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normal and in a start providing
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of constant and who
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suggest what
would
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full due diligence access to buyers, causing multiples to hit 10 times and no
might hold. might hold.
transactions to crash throughout the year.
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14 www.crebrokers.com | 1300 767 802Client Bulletin 24/01/2018 (Page 2)
What a Year and Here It Comes
8. Motel vendors start banking all takings, agents cured overnight of the need to
nod, wink and occasional twitch when presenting a P and L with a number in red at
the bottom.
9. Governments decide that hiding policemen behind bushes is not improving
road safety. Driver training and better quality roads program combined with
increase in speed limit to 120kph on dual lane highways sees road toll halved.
Client Bulletin 24/01/2018Client Bulletin 24/01/2018
10. Vendors realise that presenting a profit they wished they’d made is not the
What a Year and What Here a Year
It Comes
same as the one they actually made. Management rights industry abandons
and Here It Comes
premise that a 100 room resort can be run by a little old lady with a walking frame
and no other staff. Verifying accountants rejoice at the news. Mike Phipps Finance
We live with
boycotted by little old ladies in uncertain
walkingtimes.frames.
We Disruption
live in Volumes
uncertain
is everywhere.
times. Disruption
Unpredictability
do not is everywhere.
suffer. Unpredictability is the 8.
is the new newMotel vendors start banking
8. Motel
all takings,
vendorsagents
start bank
cur
normal and in a world of constant
normal and
change
in a world
who would
of constant
dare tochange
suggest
who
what
would nod, wink and occasional twitch
2018dare to suggest what 2018 nod, wink
when
and
presenting
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Pa
might hold. might hold. the bottom. the bottom.
11. Governments decide, after an overwhelming response to a non binding postal
Yep, you guessed
vote, that if its good enough for a it,dog,
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look
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fresh ideas...fresh ideas... to 100%
7. South Australia moves7.to South renewable
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the last person
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editorial reflect broad observations of
Adelaide from needing Adelaide
turn from
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turn the contracts
lights out.areSubmarine contracts are transactions for which the writer has been
We wish everyone all the best for 2018.
subsequently awarded to subsequently
anywhere withawarded
a reliable
to power
anywhere
point,
with
India
a reliable
and China
We wish everyone all
power point, India and China
the best
mandated We wish
for 2018.
to negotiate everyone
finance. Potentialall the bes
investors in management rights businesses
win. win. Mike Phipps F Fin should conduct Miketheir Phipps F Finand
own due diligence
Mike Phipps F Fin seek their own independent advice. Returns,
Director | Phippsfinrates
Pty LtdDirector | Phippsfin Pty Ltd
and equity numbers are for demonstration
Director | Phippsfin Pty Ltd ACN 139 124 673 purposes only.ACN SMSF139 124 is673
compliance an area
requiring specialist advice and potential investors
ACN 139 124 673 should seek appropriate guidance from industry
professionals. TMC Pty Ltd is not an investment
advisor or licensed financial planner.
Business / Investment Property Guide | EDITION #11, APRIL 2018 15SO
LD
DOWNS HOTEL DRAYTON QLD
Old World Charm and a Modern Twist
BROKER
■■ Finally a freehold hotel with old world charm ■■ Fully landscaped expansive covered beer garden.
Stephen Pursell
and a modern twist. ■■ Children’s room off dining area.
0456 565 353
■■ Complete renovation of over $1m. ■■ One of the best designed commercial kitchens.
■■ New gaming lounge with 30 TITO machines ■■ Ample parking.
and smoking solution.
■■ Room to build a 24 room motel
■■ Functional island bar for excellent customer (stca, concept plans available).
service to all areas.
■■ Grand country pub with city cash flow.
■■ Expansive designated tab area.
■■ Formally decorated bistro/dining room.
GRAND HOTEL HEALESVILLE VIC
Leasehold Hotel and Accommodation Business BROKER
Kevin Connolly
■■ This iconic hotel has been trading since 1880 and this ■■ New 30 year lease direct from owner.
0412 772 290
is your opportunity to be part of Healesville’s history.
■■ The traditional hotel income is supplemented by the
■■ Recently renovated and restored maintaining original highly profitable accommodation rooms and offers the
charm with a stylish and relaxed atmosphere. only drive through bottle shop in town.
■■ Three storey purpose built hotel offering a public bar, ■■ Multiple income streams. BROKER
grand dining room / bistro, commercial kitchen, a Phil Mammolito
■■ Located in the highly regarded Yarra Valley about
delightful shade covered beer garden, drive through
1 hour’s drive from Melbourne CBD. 0438 371 094
bottle shop and 16 refurbished accommodation rooms.
■■ Large corner site of 1,517m2 (approx.) METHOD OF SALE
Leasehold $1,400,000
16 www.crebrokers.com | 1300 767 802HARRIETVILLE HOTEL MOTEL HARRIETVILLE VIC
Diverse and Profitable Business BROKER
■■ 24 motel units ideally suited to the Alpine Valleys ■■ Continued and consistent growth in turnover with over Kevin Connolly
abundant leisure and sporting attractions. $730K in revenue for 2017 EOFY. 0412 772 290
■■ A large hotel complete with public bar, bistro/café area, ■■ Excellent potential to build and expand revenue streams.
function/conference facilities offer the opportunity for the ■■ Busy tourist area with limited local competition.
savvy operator to capture the leisure markets every need.
■■ Beautifully presented and maintained, situated within the BROKER
tightly held Alpine Valley.
Dan McDonald
■■ Exceptional owner’s accommodation as well as additional
0427 572 718
managers and or guest accommodation.
METHOD OF SALE
■■ Extensively refurbished as well as significant plant and Freehold Going Concern
equipment upgrades. – Expressions of Interest
O&H HOTEL WARRAGUL VIC
Freehold Interest with Vacant Possession
■■ Warragul’s oldest hotel and the first licensed premises ■■ Features drive thru bottle shop, public bar, bistro, BROKER
in Warragul. 16 rooms of hotel accommodation and a 3 bedroom
Phil Mammolito
■■ Starting its life as the Crown Hotel before becoming manager’s residence.
0438 371 094
the Orient Hotel which has been shortened to O&H. ■■ Backs onto a busy car park for the shopping centre
■■ Established in 1887 and has been trading for around and attracts a lot of walk by customers.
125 years. ■■ Shop 14 Williams Square can also be available to
■■ Set on approximately 1077.40 m2 of Commercial purchase separately.
1 zoned land and ideally located in Queen Street, ■■ Multiple income streams in a strong regional town.
opposite the train station and in the main CBD hub. METHOD OF SALE
Freehold with Vacant Possession
$1,850,000
Business / Investment Property Guide | EDITION #11, APRIL 2018 17OTWAY CENTRAL – THE ROADHOUSE LAVERS HILL VIC
Magnificent Freehold and Business Opportunity on the Great Ocean Road
■■ Otway Central - The Roadhouse is situated on 14 acres ■■ Priced to sell – realistic vendor. BROKER
of mostly TZ (township zone) land across 4 titles with a ■■ Five income streams. Rohan Pertzel
huge frontage to the Great Ocean Road and postitioned
■■ Extremely busy tourist location. 0438 918 919
between Apollo Bay and Port Campbell.
■■ Further room for growth and development.
■■ The business comprises of a fully licenced hotel with
separate bar, bistro and beer garden, a café with alfresco ■■ Well supported by locals and tourist.
dining, 3 fully ensuited accommodation units, 10 powered ■■ Quiet country lifestyle.
caravan sites and 20 unpowered sites and the only fuel
stop on this section of the Great Ocean Road. FINANCIALS METHOD OF SALE
Turnover Jan & Feb 2018 $262,383 Freehold Going Concern
■■ 3 bedroom manager’s residence that has recently Price on Application
2016/2017 Financial Year $953,547
been refurbished.
QUEENSPORT TAVERN AND MOTEL BRISBANE QLD
Solid Investment Opportunity BROKER
Kevin Connolly
■■ Blue Chip/Blue Collar hotel located near the water ■■ 3 separate detached bottle shops under the 0412 772 290
at the busy Port of Brisbane. Bottlemart banner.
■■ Near new 26 room 3 star separate motel and 10 ■■ Opportunity for increased gaming revenue.
pub rooms. ■■ With weekend trade on the rise, the astute operator
■■ Opportunity to create the ideal food/drink/accommodation. could maximise the growing potential of this market. BROKER
■■ Live music, TAB, Gaming, Keno, cool drinks and great
FINANCIALS Stephen Pursell
food currently available and waiting to be taken to a new
Turnover 2016/17 $7,436,000 0456 565 353
level under the stewardship of a driven team.
■■ Under-utilised beer garden and entertainment stage. METHOD OF SALE
Freehold Going Concern
■■ No immediate residential neighbours. $8,250,000
■■ Same owners 15 years – currently run under Management.
18 www.crebrokers.com | 1300 767 802ROBIN HOOD INN DROUIN WEST VIC
Grand Hotel with Unique History
■■ A rare opportunity to purchase one of Victoria’s most ■■ Both dining areas feature open fire places adding BROKER
iconic hotels, built in 1870 and used as a Cobb and warmth and atmosphere.
Phil Mammolito
Co stop for travellers. ■■ Just one hour from Melbourne and supported by locals 0438 371 094
■■ This famous hotel is being offered to the market for the and tourists.
first time in over 15 years.
■■ Features a bar, bistro, shaded beer garden, bottleshop,
milk bar general store and a 10 room motel.
■■ Multiple income streams and ready for new owners to
FINANCIALS METHOD OF SALE
take the hotel motel into 2020.
Turnover 2016/2017 $674,536 Freehold Going Concern
■■ The building itself is of historical interest with many Net Profit 2016/2017 $116,580 Expressions of Interest
features being preserved from its past. closing 26/4/2018
TOP TOWN TAVERN WYALONG NSW
A Real Historical Gem BROKER
■■ This fantastic regional hotel is a genuine offer to the market. FINANCIALS Ian McDonald
■■ It has undergone consistent refurbishment and is ready for a new owner operator Turnover 2016/17 $805,410 0408 217 734
to continue to grow this profitable business. Net Profit $205,000
Buyer’s Yield 24%
■■ A proven performer and priced to sell.
■■ Well patronised by loyal locals who fondly refer to it as “The Toppy”.
METHOD OF SALE BROKER
■■ Features a public bar, TAB, lounge, bistro, kitchen, large undercover outdoor
Freehold Going Concern
area and kid’s play area. $800,000 Dan McDonald
■■ Only hotel in the thriving regional town of Wyalong. 0427 572 718
■■ Outstanding 3 bedroom, 2 bathroom owner manager’s freestanding residence.
■■ 3 poker machine entitlements adding value beyond the offering.
■■ Continued growth over the past three years – set on 2,025m2 of land
Business / Investment Property Guide | EDITION #11, APRIL 2018 1920 www.crebrokers.com | 1300 767 802
SO
LD
RIVERINA HOTEL HAY NSW
Excellent Location BROKER
Ian McDonald
■■ Perfectly positioned on the main street of town. ■■ The fully equipped commercial kitchen has a fabulous
reputation for its extensive bistro style meals and delicious 0408 217 734
■■ Close to the junction of three major highways, gateway to
New South Wales outback. pizzas from the wood fired pizza oven.
■■ Ideal stop over point for those travelling between Sydney ■■ A popular alfresco style dining area under the front
and Adelaide and those en route to Queensland. veranda and a large fully enclosed beer garden.
■■ This single storey solid brick building is in great shape with ■■ There is also a spacious function room catering for
recent repairs and refurbishments and includes extensive all occasions.
working equipment. ■■ The hotel provides 8 clean and tidy rooms for
■■ A spacious public bar and gaming room with 8 poker guest accommodation.
machines and TAB facilities.
SO
LD
THE BEACH HOTEL JAN JUC VIC
Famous Great Ocean Road Location BROKER
Phil Mammolito
■■ Location – Surf Coast on the famous Great Ocean ■■ Cool rooms serviced and maintained regularly. 0438 371 094
Road, Torquay, Bells Beach. ■■ Pool table and Juke Box 50/50 split.
■■ No competition, only hotel in Jan Juc and one of ■■ Kids games 50/50 split.
two hotels in Torquay. ■■ 12 beer taps, no contracts, great rebates per litre.
■■ Fully refurbished throughout.
■■ ATM DC payments 2018, income $432 pcm approx. BROKER
■■ Very well maintained plant and equipment.
stocked and maintained by Bendigo Bank. Hugh Roberts
■■ Central service bar with computerised ordering ■■ Further development potential (STCA).
0417 582 081
system for staff. ■■ Attractive lease with 31 years remaining.
■■ Well-appointed kids play room.
■■ LED lights installed throughout.
Business / Investment Property Guide | EDITION #11, APRIL 2018 21ALBION HOTEL MOTEL CASTERTON VIC
The Busiest Hotel in Town
OPPORTUNITY
■■ This large two storey hotel set on one title ■■ Secure long lease with fixed rent increases
with a land area of approximately 4007.20 over initial 5 years
m2 and zoned Commercial 1. ■■ Second Freehold Investment shop with main
■■ Perfectly positioned on the main street in street frontage included.
town with great local support. ■■ Popular stop off from Melbourne to Adelaide.
■■ Featuring a large dining area with separate
function room, public bar with TAB, drive METHOD OF SALE
through bottle shop, 19 accommodation Freehold Passive Investment $700,000
rooms and a ground floor 2 bedroom
BROKER
manager’s residence.
■■ A separate 12 room motel at the rear. Dave Harris 0404 027 185
ROYAL HOTEL HORSHAM VIC
Fantastic Regional Hotel Opportunity
OPPORTUNITY
■■ Located in the heart of the largest Wimmera BROKER
township of Horsham. Dave Harris
■■ Positioned perfectly on a major highway 0404 027 185
between Melbourne and Adelaide.
■■ Large dining area with bar.
■■ Public bar with rear beer garden.
■■ Large function area. METHOD OF SALE
■■ 31 room accommodation. Leasehold $175,000
■■ Large 2 bedroom residence.
SHAMROCK HOTEL NUMURKAH VIC
Vibrant Country Hotel Motel BROKER
Ian McDonald
■■ Situated in a growing country town approximately ■■ Easily managed, this is a wonderful opportunity 0408 217 734
two hours north of Melbourne, this hotel motel has to enter into the hospitality industry.
undergone major renovations with virtually nothing left ■■ New 30 year lease with excellent terms.
to spend.
■■ Plant and equipment in excellent condition.
■■ A diverse business boasting bistro, 3 beer gardens,
■■ Strong bar trade. FINANCIALS
public bar, drive thru Bottlemart, new TAB kiosk, 200
Rent 6% of turnover. Turnover 2016/17 $1,842,750
seat function room, kids room, huge commercial ■■
Net Profit 2016/17 $206,146
kitchen, 3 motel accommodation rooms plus a 3 ■■ Note: Freehold also available.
Buyer’s Yield 58%
bedroom residence.
■■ This is a great opportunity to build on an existing well METHOD OF SALE
established business. Leasehold $350,000
22 www.crebrokers.com | 1300 767 802MANAGEMENT
RIGHTS
LD
SO
SEVAN APARTMENTS FORSTER NSW
View of Lake, Town and Ocean
■■ Excellent location in the middle of Forster town centre yet ■■ Surrounded by restaurants, cafes and beautiful BROKER
with wonderful views of the lake, town and ocean. boutique stores. Craig Clark
■■ 150 metres from Main Beach (patrolled). ■■ Large common area, undercover security parking 0456 000 880
■■ 36 luxury apartments – 33 in the letting pool. and conference facilities.
■■ Modern 2 bedroom / 2 bathroom ground floor apartment ■■ Ever improving returns – 75% occupancy and
with private patio, granite kitchen bench tops located ability to increase tariffs each year since opening
adjacent to reception. in Dec 2005.
■■ 17 metre outdoor swimming pool, huge outdoor ■■ Excellent relationships with the Body Corporate
commercial BBQ and alfresco dining area. and owners.
RECENTLY SOLD PROPERTIES
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Business / Investment Property Guide | EDITION #11, APRIL 2018 23NEED BETTER BUSINESS FINANCE?
THINK LIKE A BANK!
by Daniel Green, Green Finance Group
When it comes to getting a better finance package
for business, borrowers often think in terms of
A fresh buying a home. Usually, the terms are quite rigid
approach to all and there’s not much opportunity to negotiate.
things finance. For business loans, it’s a different playing field. are potentially savings to be made by extending the
There are many variables that determine how roll of the debt — for example, from 30 days to 90
lenders price commercial debt, which is largely days. Where appropriate, structuring your loans on
• Accommodation & Motel Finance a principle and interest (P&I) basis can also provide
assessed on a risk-adjusted basis. Here are
• Business & Franchise Finance some of the bank’s key considerations: scope for rate reduction.
Loan amount Source of cash flow
• Pub, Club, Hotel & Bottleshop
Larger loans mean more revenue for the bank and Banks classify their lending exposure against
Finance often allow more room to negotiate better rates. the source of cash that will repay the loan (that
• Poker/Gaming Machine Finance How much you’re borrowing against is, if a client owns a business and occupies the
the asset property – the risk will be related to that business
• Competitive cash flow lending industry). This can affect the rating systems they
Having a lower loan-to-value ratio (LVR) is less use to price debt.
• Caravan Park Finance risky for a bank and thus provides room to
negotiate better pricing. Volume of loans from a broker
• Management Rights Finance If you utilise a professional commercial broker who
Type of asset
• Childcare Finance is a valued source of business for that bank, you
Commercial property assets can be split can utilise their volume power in rate reduction.
into categories of office, retail, industrial and
• Medical & Aged Care Finance specialised. A specialised asset that has been Strength of guarantors
• Health & Beauty Finance purpose built for a function may incur a premium If guarantors to the loan have strong income
on funding costs, in the event it cannot operate and asset position, it provides scope to strengthen
• Equipment Finance & Leasing in the manner it was built for. Specialised assets a deal.
can be a childcare centre, service station or even Bank appetite
• Residential & Investment Finance a bowling alley.
If a bank wants less exposure to an industry, it can
• Supermarket & Petrol Station Location price higher. This changes frequently so it pays to
Finance Banks view metropolitan areas as less risky. So know which bank wants your business now.
if you’re in a rural location that will certainly affect Value of existing relationship to bank
Want a better deal on your debt pricing.
Banks take a holistic view of all revenue
Strength of asset
business finance? derived from client, both on personal and
Strong lease terms, well-regarded tenants business basis. Overall revenue generated out
Call today: and higher rental income will help debt pricing. of banking relationship can assist in negotiating
Banks want to see stability in cash flow and high- rates. If you have a business, it could be the
quality tenants. transactional accounts you hold with them; it
Daniel Green The ways banks usually classify their exposure on could be foreign exchange, wealth and insurance
or even home loans.
Director debt fundamentally comes down to the source of
the repayment. Key considerations include: Ultimately, engaging a professional who
M: 0457 883 700 Loan term and type understand how commercial debt is priced
P: 07 3899 2866 can help you negotiate a better finance deal.
Banks’ cost of funding is based on the bank bill It’s good to have someone on your side who
E: daniel@greenfinancegroup.com.au swap rate (BBSY). Different costings apply to knows what the banks are looking for and can
different loan terms depending on the market’s talk in their language.
expectation of rate movements. Rate reduction
can even be achieved by changing the roll on your
debt. Generally, banks structure their commercial
debt to roll on a 30, 60 or 90-day basis. Borrowers
can specify how often debt rolls to match their
cash flow or, if cash flow is less important, there
Australian Credit Licence Number 390222 Daniel Green, founder and director of Brisbane-based Green Finance Group, is a multi-
award winning commercial finance broker with over 20 years’ banking and finance industry
www.greenfinancegroup.com.au
experience. His areas of speciality include pubs, bottleshops, hotels, motels, caravan parks,
management rights, childcare centres and SME business and franchise finance.
24 www.crebrokers.com | 1300 767 802You can also read
