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429 New South Head Road Double Bay, NSW 2028

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429 New South Head Road,
Double Bay, NSW 2028

Hotel, Motel & Leisure

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FREEHOLD INTEREST - The Golden Sheaf Hotel, Double Bay

BLUE RIBBON RETAIL INVESTMENT

• True triple net lease - tenant pays all outs
• Long Lease: 20 + 10 + 10 = 40 years
• $2.75m net rent, 3% fixed annual rental growth
• 1,669sqm underdeveloped land-banking opportunity
• AAA single-tenancy covenant
• Includes lessor ownership of millions $ worth of hotel licence and gaming machine entitlements
• New 5 star Intercontinental Hotel, cinema developments, famous restaurateurs and fashion boutique launches leading Double Bay renaissance
• Situated next to huge new Woolworths shopping centre with over 500 car bays and Kiaora lands commercial development

For Sale by International EOI - Closing at 4pm on Thursday 6th November 2014

Property ID: 501320467Last Updated: 20 Sep 2017

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429 New South Head Road
Double Bay, NSW 2028
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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