Tudor Inn Hotel, 1281 Nepean Hwy,
Cheltenham, VIC 3192
Shops & Retail • Hotel, Motel & Leisure • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
04212243...
Tudor Inn Hotel, 1281 Nepean Hwy
Cheltenham, VIC 3192
Map of Tudor Inn Hotel, 1281 Nepean Hwy
FULLY LEASED SECURE INVESTMENT TO ENDEAVOUR GROUP (ASX: EDV)
CBRE Freestanding Retail Investments is pleased to present for your consideration the Tudor Inn, a land-rich investment superbly positioned on a gateway corner site in Melbourne’s popular south-eastern suburb activity centre, Cheltenham.
Known as 1281 Nepean Highway, this secure investment to Australia’s largest venue operator ALH Group, a subsidiary of ASX listed Endeavour Group, provides long term income security with huge underlying capital growth potential. The property is best described as follows:
+25 year ‘triple net lease’ to November 2028 plus 10 year options to 2068.
+Leased to ALH Group with over 330 licensed venues across Australia
+Strong net income of $592,855 p.a.* plus CPI annual increases.
+Strategic 4,789sqm* gateway site with 53m* to Nepean Highway and 83m* to Goulburn Street.
+Prime high exposure position with 77,000+ vehicles* passing daily.
+Established 2,152sqm* improvements with large rear car park BWS retail liquor outlet.
+Highly flexible Activity Centre Zone offering outstanding future value-add and development scope.
+Positioned within Cheltenham’s prized activity centre precinct, only 500m* to Westfield Southland Shopping Centre, 250m* to Charman Road retail and 300m* to Cheltenham Train Station, only 18km* to Melbourne’s CBD.
Public Tender (“Tender”) Closed Offers Under Review.
OPEN FOR INSPECTION TIMES:
Thursday 29th July 1:30pm-2:30pm
Thursday 5th August 1:30pm-2:30pm
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
Known as 1281 Nepean Highway, this secure investment to Australia’s largest venue operator ALH Group, a subsidiary of ASX listed Endeavour Group, provides long term income security with huge underlying capital growth potential. The property is best described as follows:
+25 year ‘triple net lease’ to November 2028 plus 10 year options to 2068.
+Leased to ALH Group with over 330 licensed venues across Australia
+Strong net income of $592,855 p.a.* plus CPI annual increases.
+Strategic 4,789sqm* gateway site with 53m* to Nepean Highway and 83m* to Goulburn Street.
+Prime high exposure position with 77,000+ vehicles* passing daily.
+Established 2,152sqm* improvements with large rear car park BWS retail liquor outlet.
+Highly flexible Activity Centre Zone offering outstanding future value-add and development scope.
+Positioned within Cheltenham’s prized activity centre precinct, only 500m* to Westfield Southland Shopping Centre, 250m* to Charman Road retail and 300m* to Cheltenham Train Station, only 18km* to Melbourne’s CBD.
Public Tender (“Tender”) Closed Offers Under Review.
OPEN FOR INSPECTION TIMES:
Thursday 29th July 1:30pm-2:30pm
Thursday 5th August 1:30pm-2:30pm
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
Property ID: 503852894Last Updated: 17 Sep 2021
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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48 Station Road,Cheltenham, VIC 3192 880 m²Development Sites & Land • Shops & Retail • Offices
