BEACH HOTEL & FOODWORKS, 97 Beaconsfield Parade,
Albert Park, VIC 3206

Hotel, Motel & Leisure • Shops & Retail

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of BEACH HOTEL & FOODWORKS, 97 Beaconsfield Parade

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BEACH HOTEL & FOODWORKS SUPERMARKET

THE BEACH HOTEL (1)

Iconic bayside corner with vast street frontages to both Beaconsfield Parade and Victoria Avenue

Two (2) storey freehold building providing in excess of 1,850sqm* GLA

Spanning over vast land area of 1,283sqm*

There are 32 electronic gaming machines that are licensed on site (as property of the lessee)

New 7 year net lease with fixed annual increases of 3%

Net Annual Income of $610,000* + GST

FOODWORKS SUPERMARKET (2)

Immediately adjoining the Beach Hotel is a freestanding Foodworks Supermarket spanning over 387sqm* GLA

Spread over a land area of 430sqm*

Directly opposite the Albert Park Bayside Tram Stop

New 10 year net lease with fixed annual increases of 4%

Net Annual Income of $148,500* + GST

BEACH HOTEL & FOODWORKS SUPERMARKET
Total Net Income of $758,500*

CURRENTLY UNDER OFFER

MARK WIZEL
+61 409 809 868

JUSTIN DOWERS
+61 438 098 805

BIANCA BUTTERWORTH
+61 410 558 126

SCOTT CALLOW
+61 418 153 606

*Approx

Albert Park, 3206 demographic data

The median household income for Albert Park is $2,533, 33% higher than Greater Melbourne's household income of $1,901. Albert Park has an older age profile compared to the rest of Greater Melbourne (median age 46 vs 37). Property ownership data shows 38% of property owners in Albert Park have a mortgage.

6,044

Population

$2,533 per week

Median household income

46 years

Median age

Owners

Most residents

Families

Most households