Outstanding 4 STAR leading leasehold hospitality business - prominently located in thriving Shepparton Victoria the Wyndhamere Motel & Serviced Apartments and Sebastian’s Restaurant - website "wyndhamere.com.au “ is for the first time now for sale. Key attributes -
- Excellent, secure leasehold investment on Shepparton CBD edge.
- Outstanding high quality development and presentation throughout,
- Leading 4 star Motel, serviced apartments & restaurant ,
- Long lease - 10 year lease from 2/5/2014 with 5 x 5 year options.
- Total RENT $386,335 pa +GST & all outgoings under Ret. Leases Act.
- Annual RENT INCREASES of 2.5% + GST.
- Significant land holding of a total - 5551 sq.m
- Prominent Goulburn Valley Highway frontage - 53 metres.
To discuss, obtain Information Memorandum and inspection contact -
Graham Couch on 0408 380 103 or Bob Mc Cormick on 0408 510 938.