15 Year Lease to Global Powerhouse

Description

CBRE is offering for sale The Mantra Hotel, 192 Franklin Street, Traralgon.

Key details of the opportunity include:

+ 15 year lease to 2041 with fixed annual rental increases

+ Modern 4-star freehold apartment hotel in Traralgon’s CBD offering 50 rooms

+ Recently completed complex offering minimal capital expenditure and maximum tax saving depreciation benefits

+ Multiple income streams featuring an on-site cinema, bowling alley, and restaurant & bar providing a one-stop complex for guests

+ Accor: a global footprint operating an unrivalled portfolio of 45+ brands and over 5,800 hotels across more than 110 countries

+ 2,411sqm* corner landholding with 100m* of street exposure in Traralgon’s CBD

+ Traralgon: Retail & commercial capital of the Latrobe Valley servicing a 125,000+ people

+ Net Income: $1,453,741 pa*

Please contact the exclusive selling agents at CBRE to obtain further information.

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.

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Contact agents
Scott Hawthorne Senior Manager
+61 400 861 048
Nathan Mufale Senior Director
0421 224 354
Jing Jun Heng
+61 411 059 116
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Traralgon, VIC

192 Franklin Street

For Sale by Expression of Interest

This property is part of Portfolio 183

Price: Contact Agent

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