328 Seaview Road,
Henley Beach, SA 5022

Shops & Retail • Hotel, Motel & Leisure

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Freehold – Ramsgate Hotel – 25 Year Net Lease to ALH

> ALH is 75% owned by Woolworths
> Magnificent Victorian period building - c1897
> Prestige seaside suburb
> Scenic outlook to Henley Beach, adjacent to piazza, vibrant cafes etc
> 25 year lease to Nov 2028 plus four ten year options to Nov 2068
> Annual CPI reviews (Next due Nov 2009) plus market review in 2018
> Net lease also net of land tax
> Prominent corner site of 1,325m2*
> Triple street frontage and exposure of 96 metres
> Adjoins abundant car parking
> Tenant undertaking major extension to gaming room
> Current Net Rent: $386,451pa*

*All areas, rents and measurements approximates. All boundary mark-ups indicative only.

Property ID: 5574899Last Updated: 19 May 2016

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