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JLL - Hotels & Hospitality Group

Gollan Hotel, 73 Keen Street Lismore, NSW 2480


Gollan Hotel, 73 Keen Street,
Lismore, NSW 2480

Hotel, Motel & Leisure • Shops & Retail

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Sale - Expression of Interest

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JLL - Hotels & Hospitality Group
Mark Walsh
Greg Jeloudev
Edward Browne

JLL - Hotels & Hospitality Group

Level 27, 180 George Street
JLL - Hotels & Hospitality Group
Gollan Hotel, 73 Keen Street
Lismore, NSW 2480

Map of Gollan Hotel, 73 Keen Street

  • Bus stops within 5 km of Gollan Hotel, 73 Keen Street, Lismore, NSW 2480Distance
    Uniting Church, Keen St117 m
    Lismore Library, Magellan St164 m
    Lismore Transit Centre, Molesworth St303 m
    Molesworth St After Magellan St342 m
    Lismore Transit Centre353 m

Northern NSW High Yielding Investment Hotel

  • Excellent real estate metrics
  • 6 retail tenancies
  • 29 newly refurbished accomm rooms
As the exclusively appointed selling agents, JLL Hotels & Hospitality Group offers for sale the freehold interest in the historic Gollan Hotel in Lismore and associated retail property. This high cash flow opportunity presents investors the chance to secure a venue rich with history underpinned by excellent real estate metrics.

Investment attributes include:

- Total net income of approximately $500,000 p/a + GST with a fully leased building being circa $681,905 p/a + GST
- Excellent real estate metrics: 1,037sqm landholding, E2 Commercial Centre Zoning, 20.5m height limit & 3.25:1 FSR
- 6 current tenancies with 3.45 year WALE (by income)
- 29 newly refurbished hotel accommodation rooms
- Vacant former pub space providing flexibility for new hospitality offering or retail tenancy

Property ID: 504529364Last Updated: 27 Feb 2024

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