Stonebridge Property Group is pleased to present for sale Tudor Inn Hotel (ALH Group), 1281 Nepean Highway, Cheltenham VIC.
The key highlights of the opportunity include.
- Net lease to ALH Group - 100% owned by ASX listed Endeavour Group who boast a market cap of $7.9bn
- Vendor favoured lease provides annual income of $687,000* (ALH pay all building outgoings including LAND TAX)
- Trading as the longstanding Tudor Inn Hotel which comprises a BWS drive through bottle shop, TAB, gaming area (56 licenced EGMs), sports bar, kids play room, beer garden & multiple dining areas
- The substantial 2,152 sqm* venue includes a liquor licence (with late night trading) allowing a maximum capacity of 1,000 patrons
- Positioned on a fundamentally sound Activity Centre zoned landholding with 86 m* of corner frontage and multiple points of entry/exit
- Favourable zoning provides scope for future development - current planning allows for a 4 level development
- Unrivalled exposure to 77,000* passing cars daily, 400 m* from Cheltenham Train Station & just 500 m* from Victoria’s second largest shopping centre Westfield Southland
- Located in the affluent bayside suburb of Cheltenham, which boasts a median house price of $1,180,000* – 29%* above the Victorian average
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group
Nic Hage
0448 782 594
Kevin Tong ???
0422 848 818
Rorey James
0439 400 081
* Approximately
Property Code: 865