Secure, long term Lease with options, expiring 2035.
Proven, multi-venue tenant.
Strategic and central location, just 300m* to Coles and 400m* to Woolworths.
Significant 7,083m2* site zoned Business 1, with 3 street frontages.
Leading gaming venue in region with 40 gaming machines and license for 2,032 patrons.
Major, award winning renovation by the tenant.
Rent $472,849pa*.
*Approx.
Under instructions of H. MacKinnon and K. Sutherland of Bent & Cougle Pty Ltd as Court Appointed Joint and Several Receivers and Managers of Zurcus Hotel-Motel Pty Ltd (Receivers and Managers Appointed).
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 65.
11AM AEDT Wednesday.
7 December 2011
River Room, Crown Casino, Southbank, Melbourne.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/
Billy Holderhead 0422 817 696
bbholderhead@burgessrawson.com.au
Co Agents
TJ Board & Sons Pty Ltd
Terry Board 0407 886 658
tjboard@tjboard.com.au
CBRE Hotels
Scott Callow 0418 153 606
scott.callow@cbre.com.au
Kevin Hicks Real Estate
Rocky Gagliardi 0407 826 542
rocky.gagliardi@kevinhicks***