38 Pelican Waters Blvd, Pelican Waters, QLD, 4551

Triple Net Lease to ALH (except land tax)
Local Landmark with 8,695 sqm of waterfront land
Lease to 2028 + options to 2068

Pelican Waters Tavern

Secure 25 years lease to 2028
Long term 4 x 10 year options to 2068
ALH: Australia’s largest pub operator, 85.4% owned by Endeavour Group
Endeavour Group is a 100% owned subsidiary of Woolworths Limited
Triple Net Lease Terms – tenant responsible for all outgoings and repairs
Pelican Waters/Caloundra, booming location at the southern end of the Sunshine Coast
Caloundra, fast growing beachside suburb just 100 km north of Brisbane CBD
Irreplaceable 8,695 sqm of waterfront land with jetty/mooring lease
Close by to a major Coles, Woolworth and any other major retailers
Sports bar, gaming room & separate bistro with outdoor dining deck
Includes a strong trading BWS
65 car parking spaces
Annual CPI rent adjustments with market review at options
Easily managed single tenant investment

Net Income: $448,156 pa + GST

3 other ALE freehold investments also available.
Contact sales team or visit burgessrawson.com.au for more information

For Sale by Investment Portfolio Auction
Wednesday 31 March at 10.30am AEDT
Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au