Payneham Tavern , 319-325 Payneham Road,
Royston Park, SA 5070

The Hotel and liquor store is leased to Coles Liquor Group (a division of ASX listed Wesfarmers Limited), one of the largest and most successful hotel operators in Australia. Key investment highlights include:

- 20 year Coles Liquorland lease, 11 years remaining on 1st term + 2 x 10 year options to July 2047
- Large 7,887sqm* site in prized north Adelaide location less than 5km north-east of the CBD
- Net income: $603,971** - tenant pays all outgoings
- Investment tenanted by Coles Liquorland Group subsidiary of ASX listed Wesfarmers
- Built in 4%* rental increases
- Lessor owns 32 valuable gaming entitlements + hotel licence
- Set & forget great land banking opportunity!


For more information or to arrange an inspection please contact exclusive sales agents JLL.

JLL
RLA 1842