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BEACH HOTEL & FOODWORKS/97 Beaconsfield Parade
Albert Park VIC 3206
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Sold on 30 Mar 2017

BEACH HOTEL & FOODWORKS/97 Beaconsfield Parade Albert Park VIC 3206

  • Hotel, Motel, Pub & Leisure
  • 2,237 m²
  • Sold

BEACH HOTEL & FOODWORKS SUPERMARKET

    THE BEACH HOTEL (1)

    Iconic bayside corner with vast street frontages to both Beaconsfield Parade and Victoria Avenue

    Two (2) storey freehold building providing in excess of 1,850sqm* GLA

    Spanning over vast land area of 1,283sqm*

    There are 32 electronic gaming machines that are licensed on site (as property of the lessee)

    New 7 year net lease with fixed annual increases of 3%

    Net Annual Income of $610,000* + GST

    FOODWORKS SUPERMARKET (2)

    Immediately adjoining the Beach Hotel is a freestanding Foodworks Supermarket spanning over 387sqm* GLA

    Spread over a land area of 430sqm*

    Directly opposite the Albert Park Bayside Tram Stop

    New 10 year net lease with fixed annual increases of 4%

    Net Annual Income of $148,500* + GST

    BEACH HOTEL & FOODWORKS SUPERMARKET
    Total Net Income of $758,500*

    CURRENTLY UNDER OFFER

    MARK WIZEL
    +61 409 809 868

    JUSTIN DOWERS
    +61 438 098 805

    BIANCA BUTTERWORTH
    +61 410 558 126

    SCOTT CALLOW
    +61 418 153 606

    *Approx

    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold30 Mar 2017
    Floor Area2,237 m²
    Land Area1,712 m²
    ParkingOn site parking available
    Property ID2013384022
    Category
    Last updated  3 Oct 2023
    Map for BEACH HOTEL & FOODWORKS/97 Beaconsfield Parade Albert Park VIC 3206
    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold30 Mar 2017
    Floor Area2,237 m²
    Land Area1,712 m²
    ParkingOn site parking available
    Property ID2013384022
    Category
    Last updated  3 Oct 2023

    Listed by

    Scott Callow
    Scott Callow
    CBRE
    Call
    +61 418 153 606

    More about BEACH HOTEL & FOODWORKS/97 Beaconsfield Parade Albert Park VIC 3206

    Beach Hotel & Foodworks/97 Beaconsfield Parade Albert Park VIC 3206 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 2,237 m² and a land area of 1,712 m². The listing ID for this property is 2013384022.

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