Retreat and Spa, 125 Big Muster Drive Dinner Plain, VIC 3898
28 Nov 2016
High Yielding Net Lease Circa 15% to Subsidiary of Publicly Listed Merlin Entertainment
- Fixed 4% rent increases + market reviews
- Tenant pays usual OG, Inc Land Tax
- Rent: $797,054 pa + GST
Australia's premier and well established indoor/outdoor alpine retreat and spa.
Popular all year round destination in Australia's leading Alpine region.
Fixed 4% rent increases plus market reviews.
Prominent 2,040 sqm site with 100 metre street frontage.
Only 10 minutes from Mt Hotham Ski Resort and airport.
Tenant pays all usual outgoings including insurance, rates, and land tax.
Substantial income tax saving benefits.
Merlin Entertainment: publicly listed on the London Stock Exchange. Europes largest entertainment company with 115 attractions in 23 countries across 4 continents.
Rent: $828,936 pa (March 2017).
Term: 10% Deposit – Balance 12 Months.
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
Property ID: 502070566Last Updated: 15 Nov 2017