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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
  • 2,040 m²
  • Sold

High Yielding Net Lease Circa 15% to Subsidiary of Publicly Listed Merlin Entertainment

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.
Prominent 2,040 sqm site with 100 metre street frontage.
Only 10 minutes from Mt Hotham Ski Resort and airport.
Tenant pays all usual outgoings including insurance, rates, and land tax.
Substantial income tax saving benefits.
Merlin Entertainment: publicly listed on the London Stock Exchange. Europes largest entertainment company with 115 attractions in 23 countries across 4 continents.
Rent: $828,936 pa (March 2017).

Term: 10% Deposit – Balance 12 Months.

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne

Property Highlights

Date Sold28 Oct 2016
Floor AreaAsk Agent
Land Area2,040 m²
ParkingAsk Agent
Property ID2012987741
Category
Last updated  18 May 2017
Map for 125 Big Muster Drive Dinner Plain VIC 3898

Property Highlights

Date Sold28 Oct 2016
Floor AreaAsk Agent
Land Area2,040 m²
ParkingAsk Agent
Property ID2012987741
Category
Last updated  18 May 2017
Level 20, 150 Lonsdale Street Melbourne VIC 3000
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd

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