1 & 5/6 Big Muster Drive,
Dinner Plain, VIC 3898
Other • Hotel, Motel & Leisure
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Castran - Head Office
Level 1, 145 Toorak RoadSOUTH YARRA, VIC 3141
1 & 5/6 Big Muster Drive
Dinner Plain, VIC 3898
Map
Landmark Trophy Investment in Australia’s highest Freehold Alpine Village
- Secure 6 year lease + options to 2048
- Attractive annual CPI Reviews
- Only 15 mins from Mt Hotham
+Renewed 6 Year lease to 2028 plus options through to 2048**
+Long standing, industry leading tenant over 9 years in occupancy and has exercised the option early, further demonstrating the strength and belief in this operation
+Saltwater Hotels & Resorts: Leading boutique Hotel and accommodation operator managing 30 assets spanning across 5 states
+Highly desirable net lease terms with tenant pays all outgoings (excluding land tax) as per the lease
+Attractive annual CPI increases
+Opportunity to purchase two x 1 bedroom loft apartments plus retail, office and staff quarters
+447sqm* land area with an important 4 on-site carparks
+Highly sought after and tightly held village location with frontage to Big Muster Drive
+Dinner Plain is serviced by the worlds largest ski lift operator Vail Resorts
+Dinner Plain: Popular alpine destination just 15 minutes from Hotham Ski Field and airport
+Alpine Shire: Located in picturesque North East Victoria and includes major tourism and ski destinations Dinner Plain, Falls Creek and Mount Hotham
+Potential 50% stamp duty concession
+Estimated Net Rent: $70,840pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx.
**tenant has exercised their option early
+Long standing, industry leading tenant over 9 years in occupancy and has exercised the option early, further demonstrating the strength and belief in this operation
+Saltwater Hotels & Resorts: Leading boutique Hotel and accommodation operator managing 30 assets spanning across 5 states
+Highly desirable net lease terms with tenant pays all outgoings (excluding land tax) as per the lease
+Attractive annual CPI increases
+Opportunity to purchase two x 1 bedroom loft apartments plus retail, office and staff quarters
+447sqm* land area with an important 4 on-site carparks
+Highly sought after and tightly held village location with frontage to Big Muster Drive
+Dinner Plain is serviced by the worlds largest ski lift operator Vail Resorts
+Dinner Plain: Popular alpine destination just 15 minutes from Hotham Ski Field and airport
+Alpine Shire: Located in picturesque North East Victoria and includes major tourism and ski destinations Dinner Plain, Falls Creek and Mount Hotham
+Potential 50% stamp duty concession
+Estimated Net Rent: $70,840pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx.
**tenant has exercised their option early
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.
128
Population
$2,250 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Castran - Head OfficeLevel 1, 145 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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