Skip to Main Content

Victoria Park Hotel, 605 Albany Highway, Victoria Park, WA 6100

Victoria Park Hotel, 605 Albany Highway, Victoria Park, WA 6100

Hotel/Leisure Retail

  • Sold Contact Agent
  • Wed 02-Apr-14

New 15 Year Lease to Coles/Liquorland

  • New long term lease to Coles subsidiary
  • Significant 5,325 sqm* corner site
  • Tenant pays Rates, Tax and Insurance

  • Land Area
  • 0.53ha (1.32 acres) (approx)
  • Floor Area
  • 400 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Aug 15, 2016

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Billy Holderhead
Jamie Perlinger

New 15 Year Lease to Coles/Liquorland

Brand new 15 year lease plus options to Liquorland trading as the Victoria Park Hotel.
Liquorland is a wholly owned subsidiary of Wesfarmers Limited, a highly diversified ASX top 10 company with market capitalisation of $50 billion as at Feb 2014.
Significant 5,325sqm* corner site with over 75 on site car spaces in strip-retail location near The Park Shopping Centre anchored by Coles and Target, Woolworths, major banks, major car dealerships and popular cafes/restaurants.
Iconic building includes sports bar, bistro, function rooms, courtyard, disused pool hall and drive through bottle shop.
Annual CPI reviews, collared at 1% and capped at 3.25%.
Net Lease: Tenant pays Land Tax (Single holding), Council Rates, Water Rates and Insurances (PL and ISR).
Victoria Park: Inner south-eastern suburb 5km from Perth's CBD and located in the Town (Municipality) of Victoria Park with a forecast population growth of 56% by 2036. Neighbouring Burswood home to Crown Casino Perth, population expected to jump by 534% by 2036 (Source: Town of Victoria Park Council).
Rent: $320,000 pa*

Auction 11 AEDT (8am Perth Time), Wednesday 2 April 2014, Crown Casino,

Victoria Park Hotel, 605 Albany Highway, Victoria Park, WA 6100

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts