HTL Property - Sydney
Level 3, 319 George StreetSYDNEY, NSW 2000
Barron River Hotel, 35-37 Stratford Parade
Stratford, QLD 4870
Map of Barron River Hotel, 35-37 Stratford Parade
Train stations within 5 km of Barron River Hotel, 35-37 Stratford Parade, Stratford, QLD 4870 Distance Freshwater 2.7 km POWERED BY HERE ©Bus stops within 5 km of Barron River Hotel, 35-37 Stratford Parade, Stratford, QLD 4870 Distance Stratford Pde (Hail N Ride) 143 m Kamerunga Rd at Stratford Pde 199 m Kamerunga Rd at Clacherty St (Stratford) 370 m Aeroglen Dr Near Stratford Pde 705 m Capt Cook Highway Near Arnold Street (HNR) 711 m POWERED BY HERE ©
POWERED BY HERE ©
Triple Net Leased Investment
- Freehold passive investment hotel
- Leased to Australia’s second largest pub operator a joint venture between Coles Group (ASX-COL) & Australian Venue Co (majority owned by KKR)
- Leased until 2046 (incl options)
- Annual Income: $338,528+ GST^
- Annual Increases: Lower of 2 x CPI or 4%
- Liquor Licence & 35 Gaming Machine Authorities revert to Landlord at expiration of lease for $1 (Current Value $4,288,000*)
- Tenant pays all outgoings**
- 3,860sqm* site, 6.8km* from Cairns CBD
- Strong underpinned asset fundamentals support investment value
^ estimated as at 13 /6/22
* approximately
** excluding land tax
- Leased to Australia’s second largest pub operator a joint venture between Coles Group (ASX-COL) & Australian Venue Co (majority owned by KKR)
- Leased until 2046 (incl options)
- Annual Income: $338,528+ GST^
- Annual Increases: Lower of 2 x CPI or 4%
- Liquor Licence & 35 Gaming Machine Authorities revert to Landlord at expiration of lease for $1 (Current Value $4,288,000*)
- Tenant pays all outgoings**
- 3,860sqm* site, 6.8km* from Cairns CBD
- Strong underpinned asset fundamentals support investment value
^ estimated as at 13 /6/22
* approximately
** excluding land tax
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Property ID: 504041683Last Updated: 21 May 2022
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Brent McCarthy
Glenn Price
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