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259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd) Elsternwick, VIC 3185


259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd),
Elsternwick, VIC 3185

Hotel, Motel & Leisure

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Map of 259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd)


Freehold Investment Hotel - Elsternwick Hotel, Elsternwick (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 $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

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259 Brighton Road (cnr Nepean Hwy & Glen Huntly Rd)
Elsternwick, VIC 3185
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
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