1143-1153 Raglan Parade Warrnambool VIC 3280
- Hotel / Leisure
- 1,524 m²
Freehold Hospitality & Gaming Investment
New secure 10 year lease plus options to 2056 with 6 month security deposit.
Annual 3% rent increases â?? Market review at options.
Cook Beaumont Partners: Established & experienced operators with 25 venues across the eastern seaboard under management.
Strategic corner site on the Princes Highway of 5,660 sqm with triple frontage totaling over 220 metres.
Hugely popular family friendly hotel comprising public bar, 250 seat bistro, gaming room, commercial kitchen, bottleshop & brand new boutique bar â?? Total building area: 1,524 sqm.
Extensively refurbished in 2013 & extended in March 2016.
Tenant pays usual outgoings.
Gaming room includes 19 electronic gaming machines.
Warrnambool: Premier south west coastal city with growing resident population circa 35,000.
Rent: $418,473 pa.
Auction 11am Wednesday 18 May
River Room, Crown Casino, Melbourne
|Date Sold||4 May 2016|
|Floor Area||1,524 m²|
|Land Area||5,660 m²|
|Last updated||15 Aug 2016|