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JLL - Hotels & Hospitality Group

Boronia Hotel, 112 Boronia Road Boronia, VIC 3155

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Boronia Hotel, 112 Boronia Road,
Boronia, VIC 3155

Hotel & Leisure • Shop & Retail

Price information

Sale - Expression of Interest

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JLL - Hotels & Hospitality Group
Will Connolly
John Musca

JLL - Hotels & Hospitality Group

Level 25, 420 George Street
SYDNEY, NSW 2000
JLL - Hotels & Hospitality Group
Boronia Hotel, 112 Boronia Road
Boronia, VIC 3155

Map of Boronia Hotel, 112 Boronia Road

Directions
  • Train stations within 5 km of Boronia Hotel, 112 Boronia Road, Boronia, VIC 3155Distance
    Boronia Station325 m
    Bayswater Station2.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Boronia Hotel, 112 Boronia Road, Boronia, VIC 3155Distance
    Boronia Rd/Floriston Rd (Boronia)171 m
    Park Cres/Dorset Rd (Boronia)200 m
    Parker Ave/Hastings Ave (Boronia)286 m
    Boronia Rd/Park Cres (Boronia)294 m
    Opp 36 Park Cres (Boronia)305 m
    POWERED BY HERE ©
POWERED BY HERE ©

Exceptional Hospitality & Retail Investment

  • Triple net lease with 2.5% increases
  • Leased to 2041 + 2 x 20-year options
  • Large 7,079sqm site 29km from CBD
JLL Hotels & Hospitality, together with Cropley Commercial, are pleased to present for sale the Boronia Hotel, representing an exceptional opportunity to secure a coveted hospitality & retail investment within Melbourne’s extremely competitive gaming sector.

Currently leased to a multi-venue hotel operator, the property is underpinned by a highly valuable triple net lease offering long term security, occupying a high profile 7,053sqm* corner site within the rapidly evolving metropolitan suburb of Boronia.

Investment highlights include:

* Large scale hospitality & retail complex incorporating bistro & bar, sports bar with TAB facilities, gaming lounge with 80 EGMs, large indoor children’s play area and extensive on-site parking
* Recently refurbished with high end facilities
* Triple net lease with 2.5% annual increases and current net income of $1,200,000
* Securely leased to experienced multi-venue hotel operators
* Long term lease to 2041 with 2 x 20-year options
* Large 7,053sqm* high profile, 29km east of the CBD
* Located in Major Activity Centre with Commercial 1 and Mixed Use zoning

*Approx.

For sale by Expressions of Interest closing Thursday 14 October 2021 at 5:00pm AEDT.

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Additional information

Property ID: 503911702Last Updated: 15 Oct 2021

Agency contacts

JLL - Hotels & Hospitality Group
Level 25, 420 George Street
SYDNEY, NSW 2000
CROPLEY COMMERCIAL PTY LTD
Level 8, 468 St Kilda Road
MELBOURNE, VIC 3004
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