The All Seasons property features 77 four star hotel rooms and suites, extensive conference & function facilities, licence to operate 100 valuable gaming machines, large bistro/ restaurant, bars, TAB and indoor swimming pool with an enormous offering of quality guest amenities on a significant city centre site.
This landmark asset features:
- Huge underlying tenancy business and future restapling arbitrage
- 100 gaming machines in operation
- Passing net rental of $1,566,914 p.a.
- Commanding 35,572sqm* area commercially zoned – future development potential, possible shopping centre site (STCA)
- Fixed rental growth of 3.75% p.a. with market review at every option
- True net lease structure, tenant pays 100% of outgoings including land tax
- Only 90 minutes* from Melbourne CBD and Tullamarine Airport
EOI campaign closing Thursday 25 May 2017