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Sold on 31 Mar 2021

38 Pelican Waters Blvd Caloundra QLD 4551

  • Hotel, Motel, Pub & Leisure
  • 1,470 m²
  • Sold

ALH Trophy Pub Investment Stunning Waterfront Location

    Triple Net Lease to ALH (except land tax)
    Local Landmark with 8,695 sqm of waterfront land
    Lease to 2028 + options to 2068

    Pelican Waters Tavern

    Secure 25 years lease to 2028
    Long term 4 x 10 year options to 2068
    ALH: Australias largest pub operator, 85.4% owned by Endeavour Group
    Endeavour Group is a 100% owned subsidiary of Woolworths Limited
    Triple Net Lease Terms tenant responsible for all outgoings and repairs
    Pelican Waters/Caloundra, booming location at the southern end of the Sunshine Coast
    Caloundra, fast growing beachside suburb just 100 km north of Brisbane CBD
    Irreplaceable 8,695 sqm of waterfront land with jetty/mooring lease
    Close by to a major Coles, Woolworth and any other major retailers
    Sports bar, gaming room & separate bistro with outdoor dining deck
    Includes a strong trading BWS
    65 car parking spaces
    Annual CPI rent adjustments with market review at options
    Easily managed single tenant investment

    Net Income: $448,156 pa + GST

    3 other ALE freehold investments also available.
    Contact sales team or visit burgessrawson.com.au for more information

    For Sale by Investment Portfolio Auction
    Wednesday 31 March at 10.30am AEDT
    Crown Casino, Melbourne

    This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

    AUCTION

    Auction date and time31/03/2021 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Property ID2016829250
    Date Sold31 Mar 2021
    Floor Area1,470 m²
    Land Area8,695 m²
    ParkingAsk Agent
    Category
    Last updated  6 Apr 2021
    Map for 38 Pelican Waters Blvd Caloundra QLD 4551
    Map for 38 Pelican Waters Blvd Caloundra QLD 455138 Pelican Waters Blvd Caloundra QLD 4551

    Property Highlights

    Property ID2016829250
    Date Sold31 Mar 2021
    Floor Area1,470 m²
    Land Area8,695 m²
    ParkingAsk Agent
    Category
    Last updated  6 Apr 2021
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000

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