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300-334 Sandgate Road
Albion QLD 4010
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Sold on 13 Jul 2012

300-334 Sandgate Road Albion QLD 4010

  • Hotel, Motel, Pub & Leisure
  • 2,238 m²
  • Sold

Freehold – Albion Hotel – 25 Year Net Lease to ALH

> ALH is 75% owned by Woolworths
> Charming hotel originally established in 1860s on corner site of 4,094m2*
> Located in affluent inner-Brisbane suburb
> 25 year lease to Nov 2028 plus four ten year options to Nov 2068
> Annual CPI reviews (Next due Nov 2009) plus market review in 2018
> 3 street frontages and ample on site car parking
> Includes standalone BWS Liquor barn
> Substantial recent refurbishment to include A la carte restaurant with up market alfresco dining
> Facilities include gaming room, TAB, Sports Bar, lounge and private cellar function room
> 100 metres to train station and adjacent to major commercial / residential redevelopment
> Current Net Rent: $374,945pa†

*All areas and measurements approximates. All boundary mark-ups indicative only.
†Approx, after FY10 Land Tax, payable by Landlord

AUCTION

Auction date and time07/10/2009 11:00
Auction locationAsk Agent

Property Highlights

Date Sold13 Jul 2012
Floor Area2,238 m²
Land Area37.49 ha
ParkingAsk Agent
Property ID2009671339
Category
Last updated  9 Apr 2010
Map for 300-334 Sandgate Road Albion QLD 4010

Property Highlights

Date Sold13 Jul 2012
Floor Area2,238 m²
Land Area37.49 ha
ParkingAsk Agent
Property ID2009671339
Category
Last updated  9 Apr 2010

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400

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