Sold
311-327 Princes Drive, Morwell, VIC, 3840
311-327 Princes Drive, Morwell, VIC, 3840
Properties / Sold / Victoria / Morwell
Tenanted Investment
Copied
1. Property Summary
Land Area
1.82 hectares (*approx)
Floor Area
3100 m² (*approx)
Show All
2. Property Highlights
ALH Trophy Pub Investment - 25 Year Triple Net Lease, Massive Land Area
- Triple Net Lease to ALH
- Major pub + Motel + BWS
- Lease to 2028 + options to 2068
***50% STAMP DUTY SAVING AVAILABLE***
The Top Pub Hotel
Secure 25 years lease to 2028
Long term 4 x 10 year options to 2068
Triple Net Lease Terms – tenant responsible for all outgoings and repairs
ALH: Australia’s largest pub operator, 85.4% owned by Endeavour Group
Endeavour Group is a 100% owned subsidiary of Woolworths Limited
Morwell – administrative centre of the City of Latrobe, just 145 km east of Melbourne
Strategic Princes Drive location (Old Princes Highway)
Massive 18,290 sqm land area
Public bar for 100 patrons, Bistro for 140 patrons plus children’s play zone
TAB area plus gaming room
Plus a 17 bedroom motel on site
Includes a busy drive thru BWS
160 car parking spaces
Annual CPI rent adjustments with market review at options
Easily managed single tenant investment
Net Income: $145,130 pa + GST
For Sale by Investment Portfolio Auction
Wednesday 31 March at 10.30am AEDT
Crown Casino, Melbourne
Remember to mention you found this property on CommercialReady.com.au
Read More
Tenanted Investment
1. Property Summary
Land Area
1.82 hectares (*approx)
Floor Area
3100 m² (*approx)
2. Property Highlights
ALH Trophy Pub Investment - 25 Year Triple Net Lease, Massive Land Area
- Triple Net Lease to ALH
- Major pub + Motel + BWS
- Lease to 2028 + options to 2068
***50% STAMP DUTY SAVING AVAILABLE***
The Top Pub Hotel
Secure 25 years lease to 2028
Long term 4 x 10 year options to 2068
Triple Net Lease Terms – tenant responsible for all outgoings and repairs
ALH: Australia’s largest pub operator, 85.4% owned by Endeavour Group
Endeavour Group is a 100% owned subsidiary of Woolworths Limited
Morwell – administrative centre of the City of Latrobe, just 145 km east of Melbourne
Strategic Princes Drive location (Old Princes Highway)
Massive 18,290 sqm land area
Public bar for 100 patrons, Bistro for 140 patrons plus children’s play zone
TAB area plus gaming room
Plus a 17 bedroom motel on site
Includes a busy drive thru BWS
160 car parking spaces
Annual CPI rent adjustments with market review at options
Easily managed single tenant investment
Net Income: $145,130 pa + GST
For Sale by Investment Portfolio Auction
Wednesday 31 March at 10.30am AEDT
Crown Casino, Melbourne
Remember to mention you found this property on CommercialReady.com.au
Read More
