Tudor Inn Hotel/1281 Nepean Hwy Cheltenham VIC 3192

CBRE Freestanding Retail Investments is pleased to present for your consideration the Tudor Inn, a land-rich investment superbly positioned on a gateway corner site in Melbourne's popular south-eastern suburb activity centre, Cheltenham.

Known as 1281 Nepean Highway, this secure investment to Australia's largest venue operator ALH Group, a subsidiary of ASX listed Endeavour Group, provides long term income security with huge underlying capital growth potential. The property is best described as follows:

+25 year 'triple net lease' to November 2028 plus 10 year options to 2068.

+Leased to ALH Group with over 330 licensed venues across Australia

+Strong net income of $592,855 p.a.* plus CPI annual increases.

+Strategic 4,789sqm* gateway site with 53m* to Nepean Highway and 83m* to Goulburn Street.

+Prime high exposure position with 77,000+ vehicles* passing daily.

+Established 2,152sqm* improvements with large rear car park BWS retail liquor outlet.

+Highly flexible Activity Centre Zone offering outstanding future value-add and development scope.

+Positioned within Cheltenham's prized activity centre precinct, only 500m* to Westfield Southland Shopping Centre, 250m* to Charman Road retail and 300m* to Cheltenham Train Station, only 18km* to Melbourne's CBD.

Public Tender ("Tender") Closed Offers Under Review.

OPEN FOR INSPECTION TIMES:

Thursday 29th July 1:30pm-2:30pm
Thursday 5th August 1:30pm-2:30pm

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au