Royal Hotel

63 Evans Street, Sunbury, VIC 3429

For Sale
Contact Agent

Hotel/Leisure
Property No. 2622
Contact Us

ASX-listed investment in one of Melbourne's key growth zones

Securely leased to blue chip ALH Group in major growth corridor

JLL Hotels & Hospitality Group has the pleasure of offering for sale the freehold interest in the Royal Hotel, Sunbury. The hotel is securely leased to ALH Group (joint venture between Woolworths Limited and Bruce Mathieson), Australia’s largest hotel owner and operator.

Key investment highlights include:

• 25 year lease plus 4 x 10 year options
• Net income of $367,395^
• Market rent review due in 2018, potential for 10% increase
• Triple net lease - tenant pays all outgoings and land tax
• Large high profile corner site of 1,938sqm* including BWS outlet
• Security and growth, annual CPI increases
• Only 20 minutes from Tullamarine Airport and close to Melbourne CBD
• Population forecast to grow by 124% to over 85,000 by 2041
• Exceptional set and forget landbanking opportunity in one of Melbourne’s key growth zones

^As at November 2017
*Approx.

FOR SALE BY PUBLIC TENDER
Closing 4:00pm (AEDT) Thursday 2 November 2017

For further information or to arrange an inspection, please contact the exclusive agents.
Securely leased to blue chip ALH Group in major growth corridor

JLL Hotels & Hospitality Group has the pleasure of offering for sale the freehold interest in the Royal Hotel, Sunbury. The hotel is securely leased to ALH Group (joint venture between Woolworths Limited and Bruce Mathieson), Australia’s largest hotel owner and operator.

Key investment highlights include:

• 25 year lease plus 4 x 10 year options
• Net income of $367,395^
• Market rent review due in 2018, potential for 10% increase ...
Last updated

09 Oct 2017

Building

Whole


Land area

1,938 sqm

JLL

Royal Hotel

63 Evans Street, Sunbury, VIC 3429
For Sale
Contact Agent
Hotel/Leisure
Property No. 2622

Property details

ASX-listed investment in one of Melbourne's key growth zones

Securely leased to blue chip ALH Group in major growth corridor

JLL Hotels & Hospitality Group has the pleasure of offering for sale the freehold interest in the Royal Hotel, Sunbury. The hotel is securely leased to ALH Group (joint venture between Woolworths Limited and Bruce Mathieson), Australia’s largest hotel owner and operator.

Key investment highlights include:

• 25 year lease plus 4 x 10 year options
• Net income of $367,395^
• Market rent review due in 2018, potential for 10% increase
• Triple net lease - tenant pays all outgoings and land tax
• Large high profile corner site of 1,938sqm* including BWS outlet
• Security and growth, annual CPI increases
• Only 20 minutes from Tullamarine Airport and close to Melbourne CBD
• Population forecast to grow by 124% to over 85,000 by 2041
• Exceptional set and forget landbanking opportunity in one of Melbourne’s key growth zones

^As at November 2017
*Approx.

FOR SALE BY PUBLIC TENDER
Closing 4:00pm (AEDT) Thursday 2 November 2017

For further information or to arrange an inspection, please contact the exclusive agents.


Last updated

09 Oct 2017

Building

Whole

Land area

1,938 sqm


Brokers

Mathew George
+61 400 663 840
JLL - Hotels

Hotels
Alex Richardson
0403959730
JLL - Hotels

Hotels