Address available on request,
Ballarat Central, VIC 3350
Hotel, Motel & Leisure • Shops & Retail • Offices
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EOIs have closed - bids under review
- Includes two iconic hotels
- 28 rooms + 28 gaming machines
- Combination of tenures on offer
JLL Hotels & Hospitality, in conjunction with Cropley Commercial, are thrilled to present for sale the prestigious ‘Ballarat Collection’, providing the opportunity to acquire five unique assets located in the heart of Victoria’s major regional centre of Ballarat.
On offer are the freehold going concern interests in:
* The George Hotel
* Quality Inn Heritage on Lydiard
with accompanying freehold assets located at:
* 43 Lydiard Street North
* 22 Armstrong Street North
* 24-28 Armstrong Street North
Key investment highlights include:
* Opportunity to acquire two iconic Ballarat hotels with combined accommodation of 28 rooms
* Includes 28 valuable gaming machine entitlements within the George Hotel (licensed for 42)
* Incredible landbank with over 1 acre of property in prestigious CBD location
* Guaranteed rental income via 22-28 Armstrong Street, including national tenant, Zambrero
* Hotels underpinned by franchise agreements with multinational hotel operator, Choice Hotels
* Surrounded by several demand drivers in major regional Victorian centre
The Ballarat Collection presents investors and owner-operators an irreplaceable opportunity to own over 1 acre of prestigious Ballarat CBD property.
Available for sale either in-one-line or individually via national Expressions of Interest closing Thursday 7 December at 5:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
On offer are the freehold going concern interests in:
* The George Hotel
* Quality Inn Heritage on Lydiard
with accompanying freehold assets located at:
* 43 Lydiard Street North
* 22 Armstrong Street North
* 24-28 Armstrong Street North
Key investment highlights include:
* Opportunity to acquire two iconic Ballarat hotels with combined accommodation of 28 rooms
* Includes 28 valuable gaming machine entitlements within the George Hotel (licensed for 42)
* Incredible landbank with over 1 acre of property in prestigious CBD location
* Guaranteed rental income via 22-28 Armstrong Street, including national tenant, Zambrero
* Hotels underpinned by franchise agreements with multinational hotel operator, Choice Hotels
* Surrounded by several demand drivers in major regional Victorian centre
The Ballarat Collection presents investors and owner-operators an irreplaceable opportunity to own over 1 acre of prestigious Ballarat CBD property.
Available for sale either in-one-line or individually via national Expressions of Interest closing Thursday 7 December at 5:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
Property ID: 504462332Last Updated: 30 Jan 2024
Address available on request
Ballarat Central, VIC 3350
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
CROPLEY COMMERCIAL PTY LTDLevel 8, 468 St Kilda Road
MELBOURNE, VIC 3004
MELBOURNE, VIC 3004
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