Victoria Park Hotel, 605 Albany Highway,
Victoria Park, WA 6100
Hotel, Motel & Leisure • Shops & Retail
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Map of Victoria Park Hotel, 605 Albany Highway
New 15 Year Lease to Coles/Liquorland
- New long term lease to Coles subsidiary
- Significant 5,325 sqm* corner site
- Tenant pays Rates, Tax and Insurance
Brand new 15 year lease plus options to Liquorland trading as the Victoria Park Hotel.
Liquorland is a wholly owned subsidiary of Wesfarmers Limited, a highly diversified ASX top 10 company with market capitalisation of $50 billion as at Feb 2014.
Significant 5,325sqm* corner site with over 75 on site car spaces in strip-retail location near The Park Shopping Centre anchored by Coles and Target, Woolworths, major banks, major car dealerships and popular cafes/restaurants.
Iconic building includes sports bar, bistro, function rooms, courtyard, disused pool hall and drive through bottle shop.
Annual CPI reviews, collared at 1% and capped at 3.25%.
Net Lease: Tenant pays Land Tax (Single holding), Council Rates, Water Rates and Insurances (PL and ISR).
Victoria Park: Inner south-eastern suburb 5km from Perth's CBD and located in the Town (Municipality) of Victoria Park with a forecast population growth of 56% by 2036. Neighbouring Burswood home to Crown Casino Perth, population expected to jump by 534% by 2036 (Source: Town of Victoria Park Council).
Rent: $320,000 pa*
Auction 11 AEDT (8am Perth Time), Wednesday 2 April 2014, Crown Casino, Melbourne.
Interstate bidding available by prior arrangement.
Liquorland is a wholly owned subsidiary of Wesfarmers Limited, a highly diversified ASX top 10 company with market capitalisation of $50 billion as at Feb 2014.
Significant 5,325sqm* corner site with over 75 on site car spaces in strip-retail location near The Park Shopping Centre anchored by Coles and Target, Woolworths, major banks, major car dealerships and popular cafes/restaurants.
Iconic building includes sports bar, bistro, function rooms, courtyard, disused pool hall and drive through bottle shop.
Annual CPI reviews, collared at 1% and capped at 3.25%.
Net Lease: Tenant pays Land Tax (Single holding), Council Rates, Water Rates and Insurances (PL and ISR).
Victoria Park: Inner south-eastern suburb 5km from Perth's CBD and located in the Town (Municipality) of Victoria Park with a forecast population growth of 56% by 2036. Neighbouring Burswood home to Crown Casino Perth, population expected to jump by 534% by 2036 (Source: Town of Victoria Park Council).
Rent: $320,000 pa*
Auction 11 AEDT (8am Perth Time), Wednesday 2 April 2014, Crown Casino, Melbourne.
Interstate bidding available by prior arrangement.
Property ID: 501068315Last Updated: 15 Aug 2016
04138603...
Victoria Park Hotel, 605 Albany Highway
Victoria Park, WA 6100
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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