A rare inner city pub freehold with long term lease
Long term lease to reputable operators
Coveted location within 3km of CBD
Attractive lease terms
JLL Hotels & Hospitality Group is thrilled to present for sale the freehold interest in 192 Station Street, Port Melbourne, loved by many as 'Rubira's at Swallows'.
Located in the highly sought-after bayside suburb of Port Melbourne, less than 3km from Melbourne's CBD, the fully leased hospitality freehold is underpinned by experienced hospitality operators with favourable lease terms on offer.
Key investment highlights include:
* Securely leased to reputable and experienced hoteliers, operating Rubira's since its inception in 2008 * Current net rental of $275,000 p.a. with initial 1 x 10 years plus 4 x 5-year options and 2.5% fixed annual increases * Coveted inner city location in one of Melbourne's most desirable lifestyle locations, within 3km of the Melbourne CBD * High-profile corner position with parkside views, surrounded by premium amenities and unrivalled public transport and road networks * Traditional two-storey corner pub with quality facilities, presented in excellent condition throughout * City of Port Phillip population is forecast to grow exponentially, increasing by 61.63% to 63,813 by 2041
For further information on this opportunity, please contact the exclusive selling agents.