+ Brand new 4 year lease to January 2024 with options to 2036.
+ Fixed 3% rent increases ensuring rental growth.
+ Gaylord Restaurant: Melbourne’s longest running Indian restaurant in operation since 1985.
+ Tenant pays usual outgoings as per Lease.
+ Prime position at the ground floor of Melbourne’s Grand Hotel incorporates restaurant with dual entrances and alfresco area.
+ Highly experienced tenant with multiple income streams including hotel catering, restaurant & conference facility.
+ Net Income: $256,257pa + GST.
For more details, please email agent