Newport Social Club, 1 Mason Street,
Newport, VIC 3015
Hotel, Motel & Leisure • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Newport Social Club, 1 Mason Street
Newport, VIC 3015
Map of Newport Social Club, 1 Mason Street
Train stations within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015 Distance Newport Station 84 m Spotswood Station 1.4 km North Williamstown Station 1.7 km Williamstown Beach Station 2.5 km Yarraville Station 3.1 km POWERED BY HERE ©Tram stops within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015 Distance 129-Beacon Cove/ Station Pier 4.4 km 128-Graham St/Light Rail (Port Melbourne) 4.8 km 64-Footscray Station/Leeds St (Footscray) 4.9 km POWERED BY HERE ©Bus stops within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015 Distance Newport InterchangeMason St 53 m Mason StMelbourne Rd 184 m North Rd/Melbourne Rd (Newport) 315 m Mirls StMason St 317 m Newcastle St/Melbourne Rd (Newport) 357 m POWERED BY HERE ©
POWERED BY HERE ©
Inner Metro Gem | Trophy Club Investment Opportunity | Successful Establishment for 3 Decades
- Historic Liquor & Gaming Masterpiece
- Top Trading Gaming & Liquor Club
- Valuable 66 Gaming Entitlements to 2042
Burgess Rawson are delighted to present to market, 1 Mason Street, Newport VIC for sale via Expressions of Interest, closing Thursday the 3rd of October at 3pm (AEST).
The property has the following key investment highlights:
+ Leased to the Williamstown Football Club since 1997 and operated under a management agreement to leading hospitality/gaming operators Francis Venues.
+ Williamstown Football Club: to highly successful VFL/VFA, with history trailing back to 1864 and including 16 premierships. (1)
+ Francis Venues: A national hospitality/club powerhouse operator with over 30 years of experience and 600+ current staff. (2)
+ Rare and attractive investor net lease terms, with the tenant paying all outgoings including single-holding land tax.
+ Valuable 66 licensed gaming machine entitlements to 2042 with strong and consistent trading figures over the last three consecutive decades.
+ Planned $1 million capital fit-out upgrades to be undertaken and paid by the tenant, further strengthening the operation.
+ High profile city fringe location, seeing over 22,000 vehicles passing daily and strategically positioned at the entrance of Newport Train Station with over 500,000 annual visitors. (3)
+ Newport is in part of the $10 billion West Gate Tunnel Project; The project aims to improve access to Newport/Williamstown and the whole of Melbourne’s West End and increase traffic flow in the area. (4)
+ Newport: Affluent inner western suburb with a median house price of $1,235,000. (5)
+ Hobsons Bay City Council: Over the FY 2022/23, building approvals have surged to more than $1.17 billion, reflecting a 134% increase compared to the previous year, in response to the city's growing population. (6)
+ Net Income: $850,000 pa* + GST.
For Sale via Expressions of Interest
Closing 3pm (AEST) Thursday the 3rd of October
For further information or to inspect, please contact the agents below.
*Approximately
(1) Williamstown Football Club
(2) Francis Venues
(3) GapMaps
(4) Victoria’s Big Build
(5) realestate.com.au
(6) REMPLAN
The property has the following key investment highlights:
+ Leased to the Williamstown Football Club since 1997 and operated under a management agreement to leading hospitality/gaming operators Francis Venues.
+ Williamstown Football Club: to highly successful VFL/VFA, with history trailing back to 1864 and including 16 premierships. (1)
+ Francis Venues: A national hospitality/club powerhouse operator with over 30 years of experience and 600+ current staff. (2)
+ Rare and attractive investor net lease terms, with the tenant paying all outgoings including single-holding land tax.
+ Valuable 66 licensed gaming machine entitlements to 2042 with strong and consistent trading figures over the last three consecutive decades.
+ Planned $1 million capital fit-out upgrades to be undertaken and paid by the tenant, further strengthening the operation.
+ High profile city fringe location, seeing over 22,000 vehicles passing daily and strategically positioned at the entrance of Newport Train Station with over 500,000 annual visitors. (3)
+ Newport is in part of the $10 billion West Gate Tunnel Project; The project aims to improve access to Newport/Williamstown and the whole of Melbourne’s West End and increase traffic flow in the area. (4)
+ Newport: Affluent inner western suburb with a median house price of $1,235,000. (5)
+ Hobsons Bay City Council: Over the FY 2022/23, building approvals have surged to more than $1.17 billion, reflecting a 134% increase compared to the previous year, in response to the city's growing population. (6)
+ Net Income: $850,000 pa* + GST.
For Sale via Expressions of Interest
Closing 3pm (AEST) Thursday the 3rd of October
For further information or to inspect, please contact the agents below.
*Approximately
(1) Williamstown Football Club
(2) Francis Venues
(3) GapMaps
(4) Victoria’s Big Build
(5) realestate.com.au
(6) REMPLAN
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Property ID: 504670268Last Updated: 13 Sep 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000