RB1 & RG1/2-4 The Avenue Mount Buller VIC 3723

Castran Real Estate in conjunction with Burgess Rawson are pleased to offer to the market RB1, RG1, Car Park C1 & C2, 2-4 The Avenue Mount Buller VIC for sale by Expression of Interest.

The property has the following key investment highlights:

+ New Eight (8) year lease through to 2032 plus two (2) further five (5) year options to 2042.
+ Kooroora Hotel: Mt Buller icon, on-site 50+ years.
+ Maisano Group: Long and successful hospitality operators with over 30 years of experience in the Victorian Alps.
+ Guaranteed rental growth via fixed 3.5% annual increases.
+ Modern 811sqm* two-level venue, rare 3 am license, includes alfresco dining, plus secure car parking.
+ State-of-the-art basement nightclub, including extensive soundproofing.
+ Position perfect at foot of Bourke Street ski run overlooking Village Square, Mt Buller's meeting place.
+ Mt Buller: Alpine tourist mecca, 500,000+ annual visitors, being 38% tourists to the Vic Slopes, 220km* from metro Melbourne. (1)
+ Potential 50% Stamp Duty Savings.
+ Net Income: $259,192pa* + GST

For Sale by Expressions of Interest

* Approximately
1 ARV Weekly Visitor Statistics 2024