CBRE from CBRE together with Castran Real Estate are pleased to offer to the market the Castran Real Estate office in Dinner Plain for sale via private treaty.

This opportunity has the following key investment highlights:

+ Brand new Four (4) year lease to June 2029
+ Five (5) further Four (4) options through to June 2049
+ Long standing iconic Victorian Alpine real estate business, in occupancy since construction in 2009
+ Castran established 1984, absolute market leaders and celebrating over 40 years in the Australian Alps, led by Victorian Alpine pioneer Mr John Castran
+ Castran – the only real estate agency that services Dinner Plain, Mount Hotham, Mount Buller and Falls Creek.
+ Desirable net lease structure with tenant paying usual outgoings (excluding land tax) as per the lease
+ Attractive annual fixed 3.5% rent increases
+ Modern 80sqm* premises (strata) with excellent frontage and exposure
+ Sought after and tightly held village retail location at entry to township with frontage to Big Muster Drive opposite Dinner Plain Hotel and next to Hoys Ski Hire, part of the Castran Corner development
+ Dinner Plain is serviced by the world’s largest ski lift operator Vail Resorts
+ Dinner Plain is Australia’s highest freehold alpine village, offering private land ownership in contrast to most alpine regions, which are situated on crown land.
+ Dinner Plain: Popular alpine destination just 15 minutes from Hotham Ski Field and airport
+ Alpine Shire: Located in picturesque Northeast Victoria and includes major tourism and ski destinations Dinner Plain, Falls Creek and Mount Hotham
+ Potential 50% stamp duty concession
+ Estimated Net Rent: $54,025pa* + GST

For Sale via Private Treaty

CBRE from CBRE
Mark Foster 0475 454 431
Raoul Holderhead 0413 860 304

Castran TM
John Castran 0411 502 424
Lachlan Castran 0475 000 888

*approx.