Imperial Hotel, 66 - 72 George Street, Beenleigh, Qld 4207

JLL is delighted to exclusively present for sale the freehold interest in the Imperial Hotel, Beenleigh, located approximately 30km south of Brisbane’s city centre. This is an exceptional investment providing income security via a long term lease with options to 2082 and desirable CPI-linked reviews with a ‘cap and collar’ provision. 

The asset is underpinned by a double net lease with a blue chip covenant to ASX-listed Endeavour Group, the nation’s largest retail drinks and hospitality operator.

Key investment highlights include:

* Securely leased to ASX-listed Endeavour Group (formerly ALH Group) who operate over 350 licensed venues across the country under the ALH Hotels brand
* Valuable double net lease with tenant paying all outgoings, including land tax
* Guaranteed income security via a long term lease with further terms of 5 x 10-year options to 2082 plus attractive annual CPI increases with ‘cap and collar’ provision
* The asset includes Australia’s nationally recognised BWS retail outlet on title
* Superior landbank opportunity with a large 1,834sqm* site within valuable ‘Centre’ zone, one of the most flexible zoning provisions
* Prime location nestled halfway between Brisbane and the Gold Coast within the heart of Beenleigh’s retail precinct 
* Future proof operations with landlord’s first right to purchase 40 gaming machine authorities
* Land offers a multitude of future alternate uses including permission for a 12-storey development (STCA)

This is an outstanding investment opportunity which offers secure annuity income via a long term lease to high profile hospitality operators and bankable growth via attractive CPI increases with a ‘cap and collar’ provision, whereby the rent will be increased by a minimum of 2% and a maximum of 3.5%.

For sale via Private Treaty.

For further information on this opportunity, please contact the exclusive selling agents.