Boronia Hotel
SOLD - Boronia Hotel, 112 Boronia Rd, Boronia VIC 3155
Cropley Commercial, together with JLL Hotels & Hospitality, are pleased to present for sale the Boronia Hotel, representing an exceptional opportunity to secure a highly coveted hotel investment within Melbourne's extremely competitive gaming sector.
Currently leased to a multi-venue hotel operator and underpinned with a highly valuable triple net lease. The property has undergone recent refurbishments and capital improvements, providing modern amenity and extensive facilities, including a large family bistro with children's play area, sports bar with TAB facilities, gaming lounge with 80 electronic gaming machines and extensive on-site parking.
Invest today in Melbourne's highly sought-after gaming hotel market.
Highlights:
Triple net lease with 2.5% annual increases and $1.2m net income
Securely leased to experienced multi-venue hotel operators
Exceptional pub asset in excellent condition throughout
High profile 7,079sqm site in Major Activity Centre 29km to the CBD
Approval for tenant to operate 80 highly valuable EGMs
Long term land-bank in Commercial 1 and Mixed Use Zones
Virtual Tour:
Take a virtual tour of Boronia Hotel.
For all enquiries, contact:
George Iliopulos: 0414 374 161
george@cropleycommercial.com.au
Steve Cropley: 0407 886 662
steve@cropleycommercial.com.au
Download the brochure (tba)
Property Location
112 Boronia Rd,
Boronia VIC 3155
Off Market Listings
Please contact Steve and George for substantial off-market listings.
George Iliopulos: 0414 374 161
george@cropleycommercial.com.au
Steve Cropley: 0407 886 662
steve@cropleycommercial.com.au
Or, complete the webform on the Contact Us page.