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Mattara Hotel, 333 Charlestown Road (Cnr Stuart Street) Charlestown, NSW 2290

Mattara Hotel, 333 Charlestown Road (Cnr Stuart Street),
Charlestown, NSW 2290

Hotel, Motel & Leisure • Shops & Retail

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New 20 Year Lease, Blue Chip Covenant: ALH (75% owned by Woolworths)

  • New 20 Year Lease to ALH
  • ALH 75% Woolworths Owned
  • Central 2,544sqm* site
Brand new and secure 20 year lease to ALH, plus five 10 year options.
ALH is Australia's largest and fastest growing pub operator, 75% owned by Woolworths.
Prime location with exposure to Pacific Hwy near the Charlestown Square Shopping Centre, currently undergoing $470 million extension and refurbishment.
Contemporary style three level building of 1,386m2*, recently upgraded by the tenant.
CBD site of 2,544m2* with triple street frontage.
Facilities include Public Bar with TAB, Gaming Lounge, Outdoor Gaming, Bistro, Alfresco Terrace Bar.
Annual CPI reviews, with minimum 2% increases.
Favourable net lease with tenant paying Land Tax.
Significant tax saving depreciation, Napier and Blakeley year 1 allowance estimate $124,500*.
The only Licensed Hotel in Charlestown.
Charlestown - thriving Newcastle suburban commercial hub.
Rent $415,000pa*

*Approx.

To be auctioned as part of Burgess Rawson Investment Portfolio Auction.
11.00am Friday 18 May 2012
River Room, Crown Casino, Southbank, Melbourne

Interstate Bidding Facilities
Live webcast and registered interstate bidding strictly by prior arrangement at the following locations:
Sydney: Level 26, 363 George Street
Brisbane: Level 3, 1 Eagle Street

For information on other investment opportunities in the campaign, please see:
http://www.alhportfolio.com.au/

Burgess Rawson
Simon Staddon (NSW) 0413 640 851
Billy Holderhead 0422 817 696

CBRE Hotels
Daniel Dragicevich 0420 973 094
Glenn Price 0402 623 298

Property ID: 500249713Last Updated: 19 May 2016

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Mattara Hotel, 333 Charlestown Road (Cnr Stuart Street)
Charlestown, NSW 2290
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000
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