25 Year Triple Net Lease + Options – Iconic Pub Just 5 km from CBD
10 High Street , Toowong QLD
Property Highlights
Trophy Investment Asset Leased to ALH
The Royal Exchange Hotel-Brisbane Icon
25 Year Triple Net Lease* with Options
Description
25 year triple net lease* to 2028 + 4 x 10 year options to 2068
Landmark inner Brisbane hotel positioned in prime city fringe location
ALH: subsidiary of ASX listed Endeavour Drinks (ASX: EDV) Australia’s leading liquor and hospitality business operator
Strategic 2,453 sqm landholding with multiple bars, beer garden,
gaming lounge with 40 Gaming Machines plus 27 parking spaces
Busy on-site BWS with 3 further detached bottle shop licenses
Future development potential subject to relevant approvals
Easily managed trophy investment
Net Income: $562,715 pa + GST
For Sale by Auction
Tuesday 10 August at 10.30am (AEST)
Crown Casino, Melbourne VIC
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
2,453 SQM
Building Area
1,581 SQM
Price
Contact Agent