Gollan Hotel, 73 Keen Street,
Lismore, NSW 2480
Hotel, Motel & Leisure • Shops & Retail
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JLL - Hotels & Hospitality Group
Level 27, 180 George StreetSYDNEY, NSW 2000
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 2480 Distance Uniting Church, Keen St 117 m Lismore Library, Magellan St 164 m Lismore Transit Centre, Molesworth St 303 m Molesworth St After Magellan St 342 m Lismore Transit Centre 353 m POWERED BY HERE ©
POWERED BY HERE ©
High Yielding Investment Hotel
- Anchor tenant paying 80% of income
- $505,150 in passing annual net rent*
- Prominent street presence
JLL Hotels & Hospitality Group offers for sale the freehold interest in the historic Gollan Hotel in Lismore NSW. The hotel is underpinned by anchor tenant Northern Co-Operative Meat Co who occupy all 29 accommodation rooms. There remains substantial upside to be realised by the reactivation of the former public bar area and dormant first floor function area.
The Gollan Hotel is a truly historic Lismore building with Queen Elizabeth II having stayed there in 1954. The hotel has recently undergone substantial renovation with the first and second floor accommodation rooms completely restored.
Investment considerations include:
- 1,037sqm landholding with E2 Commercial Centre Zoning, 20.5m height restriction and 3.25:1 FSR
- Total net income approximately $505,150 per annum with fully leased building to be circa $681,905
- 6 total tenancies with further upside to be realised by letting vacant space
*Approx.
The Gollan Hotel is a truly historic Lismore building with Queen Elizabeth II having stayed there in 1954. The hotel has recently undergone substantial renovation with the first and second floor accommodation rooms completely restored.
Investment considerations include:
- 1,037sqm landholding with E2 Commercial Centre Zoning, 20.5m height restriction and 3.25:1 FSR
- Total net income approximately $505,150 per annum with fully leased building to be circa $681,905
- 6 total tenancies with further upside to be realised by letting vacant space
*Approx.
Property ID: 504529364Last Updated: 18 Jul 2024
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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