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 ©
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
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
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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