Share this property

realcommercial.com.au

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

Directions

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

Hotel, Motel & Leisure • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Parking info

Sold on

Map of DAVEY'S HOTEL, 510 NEPEAN HIGHWAY

Directions

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

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
DAVEY'S HOTEL, 510 NEPEAN HIGHWAY
Frankston, VIC 3199
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.