Investment Property
For Sale
  • Retail
  • Set & Forget Retail Investment with Brand New Lease to National Hospitality Giant

    52-60 Macedon Street, Sunbury, VIC 3429 Australia
    Investment Property
    For Sale
  • Retail
  • Set & Forget Retail Investment with Brand New Lease to National Hospitality Giant

    52-60 Macedon Street, Sunbury, VIC 3429 Australia
    Building Size
    1,424 SQM
    Lot Size
    3,807 SQM
    Building Size
    1,424 SQM
    Lot Size
    3,807 SQM

    OVERVIEW

    Cushman & Wakefield are pleased to present For Sale, the Ball Court Hotel at 52-60 Macedon Street, Sunbury.


    ·      New 15-year lease in place to national hospitality group in Australian Venue Co, boasting in excess of 200 venues Australia wide and revenues surpassing $1b* annually.


    ·      A Sunbury institution boasting a 150-year history coupled with a recent multi-million-dollar transformation of the venue allowing for significant depreciation entitlements to the incoming purchaser.


    ·      Secure investment with fixed annual rent increases of 3% and a three-month irrevocable bank guarantee in place, offering strong protection for any incoming purchaser.


    ·      Huge venue with expansive indoor, outdoor and beer garden areas catering for casual patrons, functions and events for up to 170 attendees.


    ·      Located within one Melbourne’s fastest growing suburbs with enormous investment and development in the area with population expected to triple over the next 20 years.


    ·      Highly exposed site on enormous underlying land area providing for long term future outcomes.


    *Approx


    EOI Closed - Offers Under Review


    For more information, please contact the Cushman & Wakefield team as the exclusive selling agent:


    Daniel Wolman | +61 412 957 839

    Oliver Hay | +61 419 528 540

    George Davies | +61 421 799 489

    Leon Ma 马海翔 | +61 417 070 725

    Raphael Favas | +61 435 916 380

    - Western Regional Victoria

    Details

    Building Size:
    1,424 SQM
    Sale Price:
    Contact us for pricing
    Lot Size:
    3,807 SQM

    AVAILABILITIES

    LOCATION

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