275 Mccullough Street Sunnybank QLD 4109

Hotel, Motel, Pub & Leisure
5,723 m²
Sold

Freehold – Sunnybank Hotel – 25 Year Net Lease to ALH

> ALH is 75% owned by Woolworths
> Highly visible corner location on major intersection surrounded by 3 shopping centres
> Occupies 27,556m2*, one of south east QLD’s largest hotel sites
> Includes new Dan Murphy outlet and separate BWS drive thru plus gaming room, TAB areas, Sports Bar, restaurant and alfresco terrace
> 25 year lease to Nov 2028 plus four ten year options to Nov 2068
> Annual CPI reviews (Next due Nov 2009) plus market review in 2018
> Extensive on site car parking
> Combined street frontage of 310 metres*
> Current Net Rent: $489,952pa†

*All areas and measurements approximates. All boundary mark-ups indicative only.
†Approx, after FY10 Land Tax, payable by Landlord