>25 10 10 10 10 year triple net lease to ALH (75% owned by Woolworths)
>Impressive two storey hotel overlooking major 5-ways intersection, 8km North West of Melbourne CBD
>Prominent position within retail and commercial precinct and opposite Essendon Railway Station
>Significant corner site of 3,198m2 with 146 metres of street frontage
>Classic recently refurbished building plus on-site parking
>An award winning hotel comprising sports bar, Super TAB, bistro cafe, gaming room, drive through BWS plus 26 motel units
>Current Net Rent $425,620 p.a.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 50
11.00am AEDT Wednesday
24 February 2010
River Room, Crown Casino Melbourne
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/50
Billy Holderhead 0422 817 696
Raoul Holderhead 0413 860 304
