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HTL Property - Sydney

Newport Social Club, 1 Mason Street Newport, VIC 3015

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Newport Social Club, 1 Mason Street,
Newport, VIC 3015

Hotel, Motel & Leisure • Shops & Retail • Other

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$850,000
Number of Tenants
1 Tenant
Tenants / Type
Newport Social Club

Private inspections

to arrange a private inspection.
HTL Property - Sydney
Andrew Jolliffe
Daniel Dragicevich

HTL Property - Sydney

Level 3, 319 George Street
SYDNEY, NSW 2000
HTL Property - Sydney
Newport Social Club, 1 Mason Street
Newport, VIC 3015

Map of Newport Social Club, 1 Mason Street

Directions
  • Train stations within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015Distance
    Newport Station84 m
    Spotswood Station1.4 km
    North Williamstown Station1.7 km
    Williamstown Beach Station2.5 km
    Yarraville Station3.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015Distance
    129-Beacon Cove/ Station Pier4.4 km
    128-Graham St/Light Rail (Port Melbourne)4.8 km
    64-Footscray Station/Leeds St (Footscray)4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Newport Social Club, 1 Mason Street, Newport, VIC 3015Distance
    Newport InterchangeMason St53 m
    Mason StMelbourne Rd184 m
    North Rd/Melbourne Rd (Newport)315 m
    Mirls StMason St317 m
    Newcastle St/Melbourne Rd (Newport)357 m
    POWERED BY HERE ©
POWERED BY HERE ©

Inner Metro Gem | Trophy Club Investment Opportunity | Successful Establishment for 3 Decades

  • Historic Liquor & Gaming Masterpiece
  • Top Trading Gaming & Liquor Club
  • Valuable 66 Gaming Entitlements to 2042
Burgess Rawson are delighted to present to market, 1 Mason Street, Newport VIC for sale via Expressions of Interest, closing Wednesday the 16th of October at 3pm (AEST).

The property has the following key investment highlights:

+ Leased to the Williamstown Football Club since 1997 and operated under a management agreement to leading hospitality/gaming operators Francis Venues.
+ Williamstown Football Club: to highly successful VFL/VFA, with history trailing back to 1864 and including 16 premierships. (1)
+ Francis Venues: A national hospitality/club powerhouse operator with over 30 years of experience and 600+ current staff. (2)
+ Rare and attractive investor net lease terms, with the tenant paying all outgoings including single-holding land tax.
+ Valuable 66 licensed gaming machine entitlements to 2042 with strong and consistent trading figures over the last three consecutive decades.
+ Planned $1 million capital fit-out upgrades to be undertaken and paid by the tenant, further strengthening the operation.
+ High profile city fringe location, seeing over 22,000 vehicles passing daily and strategically positioned at the entrance of Newport Train Station with over 500,000 annual visitors. (3)
+ Newport is in part of the $10 billion West Gate Tunnel Project; The project aims to improve access to Newport/Williamstown and the whole of Melbourne’s West End and increase traffic flow in the area. (4)
+ Newport: Affluent inner western suburb with a median house price of $1,235,000. (5)
+ Hobsons Bay City Council: Over the FY 2022/23, building approvals have surged to more than $1.17 billion, reflecting a 134% increase compared to the previous year, in response to the city's growing population. (6)
+ Net Income: $850,000 pa* + GST.

For Sale via Expressions of Interest
Closing 3pm (AEST) Wednesday the 16th of October

For further information or to inspect, please contact the agents below.

*Approximately
(1) Williamstown Football Club
(2) Francis Venues
(3) GapMaps
(4) Victoria’s Big Build
(5) realestate.com.au
(6) REMPLAN

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Property ID: 504670268Last Updated: 13 Oct 2024

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