35-37 Stratford Parade Stratford QLD 4870

- Freehold passive investment hotel
- Leased to Australia's second largest pub operator a joint venture between Coles Group (ASX-COL) & Australian Venue Co (majority owned by KKR)
- Leased until 2046 (incl options)
- Annual Income: $338,528+ GST^
- Annual Increases: Lower of 2 x CPI or 4%
- Liquor Licence & 35 Gaming Machine Authorities revert to Landlord at expiration of lease for $1 (Current Value $4,288,000*)
- Tenant pays all outgoings**
- 3,860sqm* site, 6.8km* from Cairns CBD
- Strong underpinned asset fundamentals support investment value

^ estimated as at 13 /6/22
* approximately
** excluding land tax