259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd)
Elsternwick, VIC 3185
21 May 2009
Freehold Investment Hotel - Elsternwick Hotel, Elsternwick (Leased to ALH Group)
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 $314,321 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: 5541371Last Updated: 19 May 2016