Retreat and Spa, 125 Big Muster Drive,
Dinner Plain, VIC 3898

Hotel, Motel & Leisure • Shops & Retail

Key property information

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Tenure type

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Map of Retreat and Spa, 125 Big Muster Drive

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High Yielding Net Lease Circa 15% to Subsidiary of Publicly Listed Merlin Entertainment

Fixed 4% rent increases + market reviews
Tenant pays usual OG, Inc Land Tax
Rent: $797,054 pa + GST

Long 15 year lease to 2022 plus options to 2032.
Australia's premier and well established indoor/outdoor alpine retreat and spa.
Popular all year round destination in Australia's leading Alpine region.
Fixed 4% rent increases plus market reviews.
Prominent 2,040 sqm site with 100 metre street frontage.
Only 10 minutes from Mt Hotham Ski Resort and airport.
Tenant pays all usual outgoings including insurance, rates, and land tax.
Substantial income tax saving benefits.
Merlin Entertainment: publicly listed on the London Stock Exchange. Europes largest entertainment company with 115 attractions in 23 countries across 4 continents.
Rent: $828,936 pa (March 2017).

Term: 10% Deposit – Balance 12 Months.

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne

Dinner Plain, 3898 demographic data

The median household income for Dinner Plain is $2,250, 62% higher than Regional Victoria's household income of $1,386. Dinner Plain has a younger age profile compared to the rest of Regional Victoria (median age 37 vs 43). Property ownership data shows 47% of property owners in Dinner Plain have a mortgage.

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Population

$2,250 per week

Median household income

37 years

Median age

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