ALH Trophy Pub Investment - 25 Year Triple Net Leases Plus + Options

Description

***50% STAMP DUTY SAVING AVAILABLE***

+ Secure 25 years lease to 2028
+ Long term 4 x 10 year options to 2068
+ Triple Net Lease Terms – tenant responsible for all outgoings and repairs
+ ALH: Australia’s largest pub operator, 85.4% owned by Endeavour Group
+ Endeavour Group is a 100% owned subsidiary of Woolworths Limited
+ Morwell – administrative centre of the City of Latrobe, just 145 km east of Melbourne
+ Strategic Princes Drive location (Old Princes Highway)
+ Massive 18,290 sqm land area
+ Public bar for 100 patrons, Bistro for 140 patrons plus children’s play zone
+ TAB area plus gaming room
+ Plus a 17 bedroom motel on site
+ Includes a busy drive thru BWS
+ 160 car parking spaces
+ Annual CPI rent adjustments with market review at options
+ Easily managed single tenant investment
+ Net Income: $145,130 pa + GST

For Sale by Investment Portfolio Auction
Wednesday 31 March at 10:30am AEDT
Crown Casino, Melbourne

3 other ALE freehold investments also available.
Contact sales team or visit burgessrawson.com.au for more information

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
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Morwell, VIC

311-327 Princes Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 143

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