2 Hotel & Leisure Properties For Sale in Essendon, VIC 3040

Securely Leased Hotel Investment - Moonee Ponds

Colliers International are pleased to present to market a fully leased state of the art Serviced Apartment development located in the heart of Moonee Ponds.

The property forms part of the Mason Square development and is currently under construction, due for completion in 2019. Providing 97 apartments positioned in the heart of Moonee Ponds, some 6 kilometres from the Melbourne CBD. To be operated under a major franchise brand the hotel is securely leased to an established operator for an initial term of 15 years with 2 further options of 15 years – a truly secure investment.

The servic...

Rarely Offered Freehold - Longstanding Tenant Since 1996

Brand new 10 year lease to 2028 plus further options through to 2038.
Nobel Greek Tavern: Successful family owned business since 1996.
Annual rent reviews.
Lessee pays all usual outgoings as per the lease.
Premium 237 sqm Commercial 1 zoned site with 5 metre retail frontage and private parking at rear of building.
Well presented 300 sqm two level building with alfresco dining and capital intensive tenant fit-out.
Position perfect on tightly held Keilor Road amongst many national retailers including Woolworths, ANZ, 7 Eleven, Chemist Warehouse.
Keilor Road experiencing significant growth with ...