SOLD
215-221 Sneydes Road, Point Cook, VIC 3030
Trophy Licensed Club and Gaming Complex
20 year lease to Geelong Football Club Limited to June 2029.
Three generous 10 year options to June 2059.
Fixed 3% annual rent increases with ‘ratchet’ provisions at market review ensuring guaranteed rental growth.
Substantial 1.079ha landholding with 204 at grade car spaces and extensive triple street frontage of over 302 metres.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’
integrated with premium medical complex and metres from the busy Woolworths anchored Shopping Centre.
Modern hotel & gaming complex incorporating restaurant, function rooms, bistro, sports bar and gaming room with 84 EGM’s.
Significant capital upgrade recently undertaken by the Lessee.
Strategically located within Wyndham City LGA: one of Australia’s fastest
growing areas of sustained population growth.
Attractive taxation depreciation benefits.
Net income: $1,200,527 pa.
For Sale by Expressions of Interest
Closing 4pm Thursday 8 December 2016
Three generous 10 year options to June 2059.
Fixed 3% annual rent increases with ‘ratchet’ provisions at market review ensuring guaranteed rental growth.
Substantial 1.079ha landholding with 204 at grade car spaces and extensive triple street frontage of over 302 metres.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’
integrated with premium medical complex and metres from the busy Woolworths anchored Shopping Centre.
Modern hotel & gaming complex incorporating restaurant, function rooms, bistro, sports bar and gaming room with 84 EGM’s.
Significant capital upgrade recently undertaken by the Lessee.
Strategically located within Wyndham City LGA: one of Australia’s fastest
growing areas of sustained population growth.
Attractive taxation depreciation benefits.
Net income: $1,200,527 pa.
For Sale by Expressions of Interest
Closing 4pm Thursday 8 December 2016
Property Info
Municipality
Point Cook
Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
Email Us
NEARBY PROPERTIES
Adam Thomas
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