Secure 30 year lease
Outstanding well maintained freehold
Located within the Murray Downs Golf & Country Club precinct, this 50 unit resort enjoys very strong patronage and has recently been leased long term by the original developers.
Murray Downs sits on the northern banks of the Murray River opposite Swan Hill so is only minutes from the rural city services but for all the world, this golf course is miles from civilisation, enveloped in the great Australian outdoors.
The initial lease has a 10 year term with 4 x 5 year options for a total of 30 years with rent commencing at $380,000 with annual CPI increases. Consequently, this investment offers a strong passive cashflow with annual increases, and great long-term security.
The freehold is For Sale by Expression of Interest and there is also the option to purchase adjoining land for further expansion and diversification so you can grow your investment and return going forward.
Call John Monahan on 0427 292 965 for a comprehensive Information Memorandum.