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Iconic Hotel positioned in prime city fringe location
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25 year triple net lease** to 2028 + 4 x 10 year options to 2068
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ALH: subsidiary of ASX listed Endeavour Drinks (ASX: EDV) Australia’s leading liquor and hospitality business operator
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Strategic 2,453 sqm* landholding with multiple bars, beer garden, gaming lounge with
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40 Gaming Machines plus 27 parking spaces
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Busy on-site BWS with 3 further detached bottle shop licenses
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Future development potential subject to relevant approvals
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Net Income: $562,715 pa* – Easily managed investment