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Sold on 26 Feb 2016

1208 Burwood Highway Ferntree Gully VIC 3156

  • Hotel / Leisure
  • 1 m²
  • Sold

ROYAL FERNTREE GULLY HOTEL

THE PUB PORTFOLIO YOU'VE BEEN WAITING FOR...

- A top 100 ranked Victorian Gaming Venue by gaming expenditure
- Iconic corner hotel incorporating a modern open plan bistro dining room, 70 machine gaming room, extensive public sports bar with multiple electronic betting terminals and former accommodation rooms and manager's residence to first floor
- Prominent corner land holding over three Certificates of Title with three street frontages of 52* metres to Burwood Highway and 85* metres to Dawson Street and 56* metres to Rose Street
- Strategically located adjacent the Ferntree Plaza retail precinct

RENTAL INCOME: $1,530,000*
COMMENCEMENT DATE: 10/12/2011
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 46* years
RENT REVIEWS: Annually to CPI with a minimum increase of 2.5% and maximum of 5%. Market review upon renewal with a floor of 5% in 2021
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 4,530sqm*

* approx.

Property Highlights

Property ID2012132389
Date Sold26 Feb 2016
Floor Area1 m²
Land Area4,530 m²
ParkingAsk Agent
Category
Last updated  20 Sep 2017
Map for 1208 Burwood Highway Ferntree Gully VIC 3156
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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