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73 Ntaba Road (Cnr Gradurn Parade & Gurdie Street)
Jewells NSW 2280
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Sold on 2 Aug 2012

73 Ntaba Road (Cnr Gradurn Parade & Gurdie Street) Jewells NSW 2280

  • Hotel, Motel, Pub & Leisure
  • 1,000 m²
  • Sold

New 20 Year Lease, Blue Chip Covenant: ALH (75% owned by Woolworths)

ALH is Australia’s largest and fastest growing pub operator, 75% owned by Woolworths.
Established ‘Tavern’ style hotel, incorporated within the Jewells Town Plaza Shopping Centre, anchored by Coles/Bi-Lo.
Total building area of 1,000m2* including BWS bottle shop.
Large site area of 5,738m2* with triple road frontage & exposure.
Facilities include Public Bar with TAB, Sports Bar, Gaming Lounge, Beer gardens, Two Bedroom managers residence.
Recent $865,000 tenant refurbishment including BWS and outdoor gaming facility.
Annual CPI reviews, with minimum 2% increases.
Favourable net lease with tenant paying Land Tax.
Significant tax saving depreciation, Napier and Blakeley year 1 allowance estimate $173,200*.
Jewells - dense suburban residential locale 15km south of Newcastle CBD.
Rent $460,000pa*

*Approx.

To be auctioned as part of Burgess Rawson Investment Portfolio Auction
11.00am Friday 18 May 2012
River Room, Crown Casino, Southbank, Melbourne

Interstate Bidding Facilities
Live webcast and registered interstate bidding strictly by prior arrangement at the following locations:
Sydney: Level 26, 363 George Street
Brisbane: Level 3, 1 Eagle Street

For information on other investment opportunities in the campaign, please see:
http://www.alhportfolio.com.au/

Burgess Rawson
Simon Staddon (NSW) 0413 640 851
Billy Holderhead 0422 817 696

CBRE Hotels
Daniel Dragicevich 0420 973 094
Glenn Price 0402 623 298

AUCTION

Auction date and time18/05/2012 11:00
Auction locationAsk Agent

Property Highlights

Date Sold2 Aug 2012
Floor Area1,000 m²
Land Area5,738 m²
ParkingAsk Agent
Property ID2009921629
Category
Last updated  7 Aug 2012
Map for 73 Ntaba Road (Cnr Gradurn Parade & Gurdie Street) Jewells NSW 2280

Property Highlights

Date Sold2 Aug 2012
Floor Area1,000 m²
Land Area5,738 m²
ParkingAsk Agent
Property ID2009921629
Category
Last updated  7 Aug 2012
Level 20, 150 Lonsdale Street Melbourne VIC 3000
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd