362 Frankston-Dandenong Road,
Seaford, VIC 3198
Hotel, Motel & Leisure
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Map of 362 Frankston-Dandenong Road
SEAFORD HOTEL
THE PUB PORTFOLIO YOU'VE BEEN WAITING FOR...
- A top 20 ranked Victorian Gaming Venue by gaming expenditure
- Recently developed modern large format Dan Murphy's liquor store providing potential depreciation benefits
- Expansive dual street frontages of 225* metres to Frankston-Dandenong Road and 108* metres to Seaford Road
- Refurbished public bar, massive bistro dining room, 90 machine gaming room, two function rooms, 16 immaculate motel rooms and an extensive sports bar with multiple electronic betting terminals
RENTAL INCOME: $2,400,000*
COMMENCEMENT DATE: 10/12/2011
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 46* years
RENT REVIEWS: Annually to CPI with a minimum increase of 2.5% and maximum of 5%. Market review upon renewal with a floor of 5% in 2021
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 24,000sqm*
* approx.
- A top 20 ranked Victorian Gaming Venue by gaming expenditure
- Recently developed modern large format Dan Murphy's liquor store providing potential depreciation benefits
- Expansive dual street frontages of 225* metres to Frankston-Dandenong Road and 108* metres to Seaford Road
- Refurbished public bar, massive bistro dining room, 90 machine gaming room, two function rooms, 16 immaculate motel rooms and an extensive sports bar with multiple electronic betting terminals
RENTAL INCOME: $2,400,000*
COMMENCEMENT DATE: 10/12/2011
INITIAL TERM: 10 years
REMAINING TENURE (INCL OPTIONS): 46* years
RENT REVIEWS: Annually to CPI with a minimum increase of 2.5% and maximum of 5%. Market review upon renewal with a floor of 5% in 2021
OUTGOINGS: All outgoings including State Land Tax are the responsibility of the Tenant
SITE AREA: 24,000sqm*
* approx.
Property ID: 501640145Last Updated: 20 Sep 2017
04181536...
362 Frankston-Dandenong Road
Seaford, VIC 3198
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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