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125 Big Muster Drive
Dinner Plain VIC 3898
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Sold on 28 Oct 2016

125 Big Muster Drive Dinner Plain VIC 3898

  • Hotel, Motel, Pub & Leisure
  • 2,039 m²
  • Sold

AUCTION TOMORROW - High Yielding Net Lease Circa 15% - Leased to Wholly Owned Subsidiary of Merlin Entertainment

Auction to be held at River Room, Crown Casino Melbourne (opposite Crown Towers)

- TERM: 10% DEPOSIT - BALANCE 12 MONTHS

- Long 15 year lease to 2022 plus options to 2032

- Australia’s premier and well-established indoor/outdoor alpine retreat and spa

- Popular all year round destination in Australia’s leading Alpine region

- Fixed 4% rent increases plus market reviews

- Architect designed quality building of 1,136 sqm

- Prominent 2,040sqm site with 100m street frontage

- Only 10 minutes from Mt Hotham Ski Resort and airport

- Tenants pay all usual outgoings including insurance rates and land tax

- Substantial income tax saving benefits

- Merlin Entertainment: publicly listed on the London Stock Exchange. Europe’s largest entertainment company with 115 attractions in 23 countries across 4 continents

- Rent: $828,936 pa (March 2017)

Property Highlights

Date Sold28 Oct 2016
Floor AreaAsk Agent
Land Area2,039 m²
ParkingAsk Agent
Property ID2012985107
Category
Last updated  27 Oct 2016
Map for 125 Big Muster Drive Dinner Plain VIC 3898

Property Highlights

Date Sold28 Oct 2016
Floor AreaAsk Agent
Land Area2,039 m²
ParkingAsk Agent
Property ID2012985107
Category
Last updated  27 Oct 2016
Level 1, 145 Toorak Road South Yarra VIC 3141

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