125 Big Muster Drive, Dinner Plain

Sold

SOLD - High Yielding Net Lease Circa 15% - Leased to Wholly Owned Subsidiary of Merlin Entertainment

Auction to be held at River Room, Crown Casino Melbourne (opposite Crown Towers)

- TERM: 10% DEPOSIT - BALANCE 12 MONTHS

- Long 15 year lease to 2022 plus options to 2032

- Australia’s premier and well-established indoor/outdoor alpine retreat and spa

- Popular all year round destination in Australia’s leading Alpine region

- Fixed 4% rent increases plus market reviews

- Architect designed quality building of 1,136 sqm

- Prominent 2,040sqm site with 100m street frontage

- Only 10 minutes from Mt Hotham Ski Resort and airport

- Tenants pay all usual outgoings including insurance rates and land tax

- Substantial income tax saving benefits

- Merlin Entertainment: publicly listed on the London Stock Exchange. Europe’s largest entertainment company with 115 attractions in 23 countries across 4 continents

- Rent: $828,936 pa (March 2017)

 

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