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121 Victoria Street (Corner Kororoit Creek Road) Williamstown, VIC 3016

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121 Victoria Street (Corner Kororoit Creek Road)
Williamstown, VIC 3016

Hotel & Leisure
Sold Price

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Floor area

2186.0m²

Parking info

Tenure type

Tenanted Investment

Sold on

21 May 2009

Freehold Investment Hotel - Rifle Club Hotel, Williamstown (Leased to ALH Group)

ALH is 75% owned by Woolworths Limited.
25 year lease to November 2028 plus four 10 year options.
Annual (Nov) CPI increases + market rent review in 2018.
Triple net lease (also net of land tax).
Substantial income tax saving depreciation.
Total net income of $291,640 p.a.
Finance available to approved purchasers.

Portfolio Auction 45
Crown Casino Melbourne

Raoul Holderhead 0413 860 304
Billy Holderhead 0422 817 696

Property ID: 5541353Last Updated: 19 May 2016

03 9 *** ***
121 Victoria Street (Corner Kororoit Creek Road)
Williamstown, VIC 3016

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Burgess Rawson - Melbourne
121 Victoria Street (Corner Kororoit Creek Road) Williamstown, VIC 3016

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

Kind Regards,

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