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DAVEY'S HOTEL, 510 NEPEAN HIGHWAY Frankston, VIC 3199

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DAVEY'S HOTEL, 510 NEPEAN HIGHWAY,
Frankston, VIC 3199

Hotel, Motel & Leisure • Shops & Retail

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Map of DAVEY'S HOTEL, 510 NEPEAN HIGHWAY

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Freehold – Davey’s Hotel – 25 Year Net Lease to ALH

> ALH is 75% owned by Woolworths
> Long established and highly successful venue
> Contemporary building overlooking Port Phillip Bay
> Excellent bar and dining facilities plus large alfresco terrace
> Includes thriving BWS drive thru on Nepean Highway
> 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
> Huge corner site of 5,005m2*
> Comprehensive Development 2 Zoning
> Overall frontage of 239 metre* (including water frontage)
> Current Net Rent: $268,193pa*

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

Property ID: 5574348Last Updated: 19 May 2016

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DAVEY'S HOTEL, 510 NEPEAN HIGHWAY
Frankston, VIC 3199
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