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Burgess Rawson - Melbourne

Gaylord Restaurant, 104, 129A & 1327/33-71 Spencer Street Melbourne, VIC 3000

Gaylord Restaurant, 104, 129A & 1327/33-71 Spencer Street,
Melbourne, VIC 3000

Hotel & Leisure • Shop & Retail • Offices

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$260,000
Number of Tenants
1 Tenant
Tenants / Type
Gaylord Restaurant

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Burgess Rawson - Melbourne
Gaylord Restaurant, 104, 129A & 1327/33-71 Spencer Street
Melbourne, VIC 3000
Burgess Rawson - Melbourne
Zomart He
Shaun Venables

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

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Melbourne CBD Restaurant Investment New Lease to Longstanding Operator

  • Brand new 4 year lease plus options
  • Fixed 3% rent increases
  • Tenant pays usual outgoings
+ Brand new 4 year lease to January 2024 with options to 2036.
+ Fixed 3% rent increases ensuring rental growth.
+ Gaylord Restaurant: Melbourne’s longest running Indian restaurant in operation since 1985.
+ Tenant pays usual outgoings as per Lease.
+ Prime position at the ground floor of Melbourne’s Grand Hotel incorporates restaurant with dual entrances and alfresco area.
+ Highly experienced tenant with multiple income streams including hotel catering, restaurant & conference facility.
+ Net Income: $256,257 pa + GST.

For Sale

Property ID: 503556366Last Updated: 9 Jul 2020

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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Zomart He

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Zomart He
Burgess Rawson - Melbourne
Gaylord Restaurant, 104, 129A & 1327/33-71 Spencer Street Melbourne, VIC 3000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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