5 year lease with options to 2037.
Fixed 3.5% rent increases.
Large 1,415 sqm site with triple frontage totalling over 100 metres.
Includes 40 gaming machine entitlements.
First time offered for sale in 50 years.
Melbourne Racing Club: Operating 13 hotel and club venues across Greater Melbourne.
Venue comprises gaming room, large bistro, sports bar, upstairs function room, beer garden, commercial kitchen and dual bathroom amenities.
Bacchus Marsh: High population growth area and satellite town within 60km of Melbourne, Tullamarine Airport, Geelong and Ballarat.
Tenant pays all usual outgoings.
Rent: $268,419.38 pa.
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 25 February.
River Room, Crown Casino, Melbourne.