Barron River Hotel, 35-37 Stratford Parade,
Stratford, QLD 4870
Hotel, Motel & Leisure • Shops & Retail • Warehouse, Factory & Industrial
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Map of Barron River Hotel, 35-37 Stratford Parade
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: 28 Oct 2022
Barron River Hotel, 35-37 Stratford Parade
Stratford, QLD 4870
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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