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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 time | 18/05/2012 11:00 |
---|---|
Auction location | Ask Agent |
Property Highlights
Date Sold | 2 Aug 2012 |
---|---|
Floor Area | 1,000 m² |
Land Area | 5,738 m² |
Parking | Ask Agent |
Property ID | 2009921629 |
Category | |
Last updated | 7 Aug 2012 |
Property Highlights
Date Sold | 2 Aug 2012 |
---|---|
Floor Area | 1,000 m² |
Land Area | 5,738 m² |
Parking | Ask Agent |
Property ID | 2009921629 |
Category | |
Last updated | 7 Aug 2012 |