Brand new 10 year lease plus options through to 2044.
Fixed 3% increases, lessee pays usual outgoings.
Established hotelier group with good strong business.
Commanding 1,370 sqm Commercial 1 corner site, with triple frontage and exposure totalling 100+ metres.
Recently refurbished and well-maintained two level period building, comprising public bar, Gaming room, lounge bistro, commercial kitchen, drive-thru bottle shop plus first floor
accommodation and residence.
Absolute prime position in retail heart, opposite Post Office and central to all banks, chemists, supermarkets etc.
Leongatha: Capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000.
Rent: $220,000 pa.
Auction 11am AEDT Wednesday 10 December.
River Room, Crown Casino.