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1281 Nepean Highway, Cheltenham, VIC, 3192

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1281 Nepean Highway, Cheltenham, VIC, 3192

Cheltenham

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1281 Nepean Highway, Cheltenham, VIC, 3192

Cheltenham

1281 Nepean Highway, Cheltenham, VIC, 3192

1281 Nepean Highway, Cheltenham, VIC, 3192

Properties / Buy / Victoria / Cheltenham
Tenanted Investment
Selling Method
EOI
Selling Details
CONTACT AGENT
Land Area
4,789 m² (*approx)
Floor Area
2152 m² (*approx)
Property Type
Hotel/Leisure, Land
Sub-type
Hotel
Est. Income
$778,433 p/a
Fully Leased
ALH Group
Show All
A-GRADE HOSPITALITY INVESTMENT
  • LONG TRIPLE NET LEASE TO ALH GROUP LTD
  • CORNER SITE OF 4,789 SQM
  • HUGE FUTURE DEVELOPMENT POTENTIAL

Crabtrees Real Estate are proud to present this outstanding hospitality freehold for sale via Expressions of Interest closing Thursday 20th November at 3pm – The Tudor Inn – a prime Nepean Highway corner property fully leased to public company ALH Group Ltd.

1281 Nepean Highway Cheltenham presents a strategically positioned gateway site of 4,789 sqm with an excellent frontage of 56 metres to Nepean Highway. The site benefits from its prime high exposure location with over 77,000 cars passing daily providing exceptional visibility for both retail and hospitality operators.

The property comprises established improvements of 2,152 sqm approximately and includes a large rear carpark and a BWS retail liquor outlet making it a well utilized mixed use hospitality and retail asset.

Key features:

• Securely leased to public company tenant ALH Group 100% owned by ASX Listed Endeavour Group LTD (ASX-EDV)

• Long term lease with further options until 2068

• Triple net lease returning $778,433.04 per annum plus GST & Outgoings

• Annual rent increases

• Brilliant Nepean Highway corner land holding of 4,789 sqm approximately

• Activity Centre Zoning allowing for significant long term development upside

The combination of significant land holding, high traffic exposure and functional onsite improvements, position the site as both a secure income generating asset as well as having huge long term redevelopment potential being in the Cheltenham Activity Centre Zone (ACZ1).

Expressions of Interest closing Thursday 20th November at 3pm

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

1281 Nepean Highway Investment Summary

Property Type
Hotel/Leisure, Land
Sub-type
Hotel
Est. Income
$778,433 p/a
Tenant
ALH Group
Land Area
4,789 m² (*approx)
Floor Area
2152 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
Selling Details
CONTACT AGENT

Investment Highlights

A-GRADE HOSPITALITY INVESTMENT
  • LONG TRIPLE NET LEASE TO ALH GROUP LTD
  • CORNER SITE OF 4,789 SQM
  • HUGE FUTURE DEVELOPMENT POTENTIAL

Crabtrees Real Estate are proud to present this outstanding hospitality freehold for sale via Expressions of Interest closing Thursday 20th November at 3pm – The Tudor Inn – a prime Nepean Highway corner property fully leased to public company ALH Group Ltd.

1281 Nepean Highway Cheltenham presents a strategically positioned gateway site of 4,789 sqm with an excellent frontage of 56 metres to Nepean Highway. The site benefits from its prime high exposure location with over 77,000 cars passing daily providing exceptional visibility for both retail and hospitality operators.

The property comprises established improvements of 2,152 sqm approximately and includes a large rear carpark and a BWS retail liquor outlet making it a well utilized mixed use hospitality and retail asset.

Key features:

• Securely leased to public company tenant ALH Group 100% owned by ASX Listed Endeavour Group LTD (ASX-EDV)

• Long term lease with further options until 2068

• Triple net lease returning $778,433.04 per annum plus GST & Outgoings

• Annual rent increases

• Brilliant Nepean Highway corner land holding of 4,789 sqm approximately

• Activity Centre Zoning allowing for significant long term development upside

The combination of significant land holding, high traffic exposure and functional onsite improvements, position the site as both a secure income generating asset as well as having huge long term redevelopment potential being in the Cheltenham Activity Centre Zone (ACZ1).

Expressions of Interest closing Thursday 20th November at 3pm

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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1281 Nepean Highway, Cheltenham, VIC, 3192

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