Sydney Metro Freehold Investment Hotel – rarely become available nor publicly offered to market
Substantial 1,334sqm* landholding strategically and prominently positioned at the juncture of the arterial King Georges/Connells Point Roads and proximate to Hurstville CBD
Secure & consistent cash flow with annual rent of $1,100,000* PA ex GST
Rent underpinned by an valuable landholding, solid underlying business fundamentals and high barriers to entry
Brand new 60 year lease (20x20x20) with annual CPI increases plus mid and end of term market rent reviews
Strong and experienced tenancy profile – Francis Venues – operate 10 venues between Melbourne and Sydney
Attractive triple net lease structure – tenants pays 100% of all outgoings and utilities including land tax and all insurance
Sale includes ownership of the Hotel License and 27 valuable Gaming Machines Authorities – Value of ~$11,200,000*