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JLL - Hotels & Hospitality Group

Craig's Royal Hotel, 10 Lydiard Street Ballarat Central, VIC 3350

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Craig's Royal Hotel, 10 Lydiard Street,
Ballarat Central, VIC 3350

Hotel & Leisure

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Sale - Expression of Interest

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JLL - Hotels & Hospitality Group
Craig's Royal Hotel, 10 Lydiard Street
Ballarat Central, VIC 3350
Peter Harper
Will Connolly

JLL - Hotels & Hospitality Group

Level 25, 420 George Street
SYDNEY, NSW 2000

Map of Craig's Royal Hotel, 10 Lydiard Street

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Iconic accommodation and gaming hotel

  • Highly acclaimed hotel
  • 37 boutique guest rooms
  • 45 well performing EGMs
JLL Hotels & Hospitality Group is delighted to present to market the Freehold Going Concern opportunity of the iconic Craig’s Royal Hotel located in the historic heart of Ballarat, just 70 minutes from the Melbourne CBD.

A hotel of truly national historical significance, investment highlights include:

- Hotel facilities include 37 boutique guest rooms, six opulent function/conference rooms, restaurant, two bars, cafe and gaming room
- Offers multiple income streams via accommodation, gaming, revered food & beverage offering and morning trade via all day cafe
- Includes 45 well performing gaming machines
- Boasting the highly acclaimed ‘Gallery’ restaurant, featured multiple times in The Age Good Food Guide
- 2,080sqm* site in Commercial 1 Zone
- Includes a late night 3am liquor licence
- Genuine scope for future growth via increase in annual occupancy levels
- High volume tourism trade, including weekenders and day-trips, complemented by loyal local patronage

Presented for sale for the first time in 20 years, this is an incredible opportunity to acquire a hotel steeped in Australian history.

*Approx.

For sale by Expressions of Interest closing 4:00pm (AEDT) Thursday 5 December 2019

Property ID: 503386426Last Updated: 22 Jan 2020

Agency contacts

JLL - Hotels & Hospitality Group
JLL - Hotels & Hospitality Group
Level 25, 420 George Street
SYDNEY, NSW 2000
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Nick MacFie
JLL - Hotels & Hospitality Group
Craig's Royal Hotel, 10 Lydiard Street Ballarat Central, VIC 3350

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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