» »
Trophy Licensed Club and Gaming Complex

215-221 Sneydes Road, POINT COOK VIC, 3030

Sold

Property Sold in 215-221 Sneydes Road, POINT COOK VIC, 3030

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11205262
Status:
Sold
Price:
Price on Request
Last Updated:
03/06/2020
Icon building

Property Type

Retail/Hotel/Leisure
Icon square

Land Area

10790 SQM
Icon size

Floor Area

2000 SQM
Icon parking

Parking

N/A

Trophy Licensed Club and Gaming Complex

20 year lease to Geelong Football Club Limited to June 2029.
Three generous 10 year options to June 2059.
Fixed 3% annual rent increases with ‘ratchet’ provisions at market review ensuring guaranteed rental growth.
Substantial 1.079ha landholding with 204 at grade car spaces and extensive triple street frontage of over 302 metres.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’
integrated with premium medical complex and metres from the busy Woolworths anchored Shopping Centre.
Modern hotel & gaming complex incorporating restaurant, function rooms, bistro, sports bar and gaming room with 84 EGM’s.
Significant capital upgrade recently undertaken by the Lessee.
Strategically located within Wyndham City LGA: one of Australia’s fastest
growing areas of sustained population growth.
Attractive taxation depreciation benefits.
Net income: $1,200,527 pa.

For Sale by Expressions of Interest
Closing 4pm Thursday 8 December 2016

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


More properties from Burgess Rawson & Associates Pty Ltd
For Sale
46 Collyn-Dale Drive, WANGARATTA VIC, 3677

46 Collyn-Dale Dr...

Medical/ConsultingRetailOther
Sold
1 Melfort Avenue, ESSENDON VIC, 3040

1 Melfort Avenue,...

Land/Development
Sold
28 Wallis Street, SEYMOUR VIC, 3660

28 Wallis Street,...

RetailShowrooms/Bulky Goods
Sold
2A Kenny Drive, TAMWORTH NSW, 2340

2A Kenny Drive, T...

Medical/ConsultingRetail
For Sale
2 Fogarty Street, WILLIAMS LANDING VIC, 3027

2 Fogarty Street,...

Medical/ConsultingRetailOther
Sold
14 King Street, WARRNAMBOOL VIC, 3280

14 King Street, W...

Hotel/LeisureLand/Development
More properties from Point Cook
Leased
238 Boardwalk Boulevard, POINT COOK VIC, 3030

238 Boardwalk Bou...

RetailOfficesOther
Sold
Unit 35/22 - 30 Wallace Avenue, POINT COOK VIC, 3030

Unit 35/22 - 30 W...

OfficesIndustrial/Warehouse
Sold
8 Parliament Street, POINT COOK VIC, 3030

8 Parliament Stre...

Medical/ConsultingOfficesRetail
Sold or Leased
113/22-30 Wallace Avenue, POINT COOK VIC, 3030

113/22-30 Wallace...

Industrial/WarehouseShowrooms/Bulky Goods
Sold
225-229 Sneydes Road, POINT COOK VIC, 3030

225-229 Sneydes R...

Medical/ConsultingRetailOther
For Lease
3/4/2 Main Street, POINT COOK VIC, 3030

3/4/2 Main Street...

Offices
Loading...