259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd),
Elsternwick, VIC 3185
Hotel, Motel & Leisure
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Map of 259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd)
Freehold Investment Hotel - Elsternwick Hotel, Elsternwick (Leased to ALH Group)
ALH is 75% owned by Woolworths Limited.
25 year lease to November 2028 plus four 10 year options.
Annual (Nov) CPI increases + market rent review in 2018.
Triple net lease (also net of land tax).
Substantial income tax saving depreciation.
Total net income $314,321 p.a.
Finance available to approved purchasers.
Portfolio Auction 45
Crown Casino Melbourne
Raoul Holderhead 0413 860 304
Billy Holderhead 0422 817 696
25 year lease to November 2028 plus four 10 year options.
Annual (Nov) CPI increases + market rent review in 2018.
Triple net lease (also net of land tax).
Substantial income tax saving depreciation.
Total net income $314,321 p.a.
Finance available to approved purchasers.
Portfolio Auction 45
Crown Casino Melbourne
Raoul Holderhead 0413 860 304
Billy Holderhead 0422 817 696
Property ID: 5541371Last Updated: 19 May 2016
03 9613 04...
259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd)
Elsternwick, VIC 3185
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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