1208 Burwood Highway,
Ferntree Gully, VIC 3156
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 1208 Burwood Highway
ROYAL FERNTREE GULLY HOTEL
THE PUB PORTFOLIO YOU'VE BEEN WAITING FOR...
- A top 100 ranked Victorian Gaming Venue by gaming expenditure
- Iconic corner hotel incorporating a modern open plan bistro dining room, 70 machine gaming room, extensive public sports bar with multiple electronic betting terminals and former accommodation rooms and manager's residence to first floor
- Prominent corner land holding over three Certificates of Title with three street frontages of 52* metres to Burwood Highway and 85* metres to Dawson Street and 56* metres to Rose Street
- Strategically located adjacent the Ferntree Plaza retail precinct
RENTAL INCOME: $1,530,000*
COMMENCEMENT DATE: 10/12/2011
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 46* years
RENT REVIEWS: Annually to CPI with a minimum increase of 2.5% and maximum of 5%. Market review upon renewal with a floor of 5% in 2021
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 4,530sqm*
* approx.
- A top 100 ranked Victorian Gaming Venue by gaming expenditure
- Iconic corner hotel incorporating a modern open plan bistro dining room, 70 machine gaming room, extensive public sports bar with multiple electronic betting terminals and former accommodation rooms and manager's residence to first floor
- Prominent corner land holding over three Certificates of Title with three street frontages of 52* metres to Burwood Highway and 85* metres to Dawson Street and 56* metres to Rose Street
- Strategically located adjacent the Ferntree Plaza retail precinct
RENTAL INCOME: $1,530,000*
COMMENCEMENT DATE: 10/12/2011
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 46* years
RENT REVIEWS: Annually to CPI with a minimum increase of 2.5% and maximum of 5%. Market review upon renewal with a floor of 5% in 2021
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 4,530sqm*
* approx.
Property ID: 501640149Last Updated: 20 Sep 2017
04181536...
1208 Burwood Highway
Ferntree Gully, VIC 3156
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
977-985 Burwood Highway,Ferntree Gully, VIC 3156 1.69 ha (4.17 acres)Development Sites & Land • Medical & Consulting • Hotel, Motel & Leisure
Contact Agent
Boronia Hotel, 112 Boronia Road,Boronia, VIC 3155 7079 m²Hotel, Motel & Leisure • Shops & Retail