Stonebridge Property Group is delighted to present for sale Junction Club Hotel, 740-744 Mount Alexander Road, Ascot Vale.
- Highly secure hospitality venue with new 6 year lease to Moonee Valley Racing Club
- Prominent corner position in the heart of Moonee Ponds, spread over 1,942 sqm* with favourable Activity Centre zoning
- Convenient car parking for 28 vehicles on title, plus convenient access from the tram stop
- Spread over 2 storeys with a GLA of 2,590 sqm*, the venue is licensed for 80 electronic gaming machines
- Complemented by 2 additional essential based tenants
- Significant corner lot with future development upside available (STCA)
- Net income of $835,000* per annum
To obtain specific information about the income and lease, please contact one of the agents to fill out a confidentiality agreement form.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.