20 year lease to Geelong Football Club Limited to June 2029.
Three generous 10 year options to June 2059.
Fixed 3% annual rent increases with ‘ratchet’ provisions at market review ensuring guaranteed rental growth.
Substantial 1.079ha landholding with 204 at grade car spaces and extensive triple street frontage of over 302 metres.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’
integrated with premium medical complex and metres from the busy Woolworths anchored Shopping Centre.
Modern hotel & gaming complex incorporating restaurant, function rooms, bistro, sports bar and gaming room with 84 EGM’s.
Significant capital upgrade recently undertaken by the Lessee.
Strategically located within Wyndham City LGA: one of Australia’s fastest
growing areas of sustained population growth.
Attractive taxation depreciation benefits.
Net income: $1,200,527 pa.
For Sale by Expressions of Interest
Closing 4pm Thursday 8 December 2016
For more details, please email agent