101-103 Mair Street Ballarat Central, VIC 3350
HIGH YIELDING & HISTORICAL REGIONAL INVESTMENT
- Subject to long term lease (with options
- Stunning refurbished Bluestone building
- Leased to premier hospitality operators
CBRE Hotels are pleased to present to market the Freehold Investment opportunity of 101-103 Mair Street, Ballarat Central – better known as The Bluestone.
Leased to experienced hospitality operators, the property has undergone significant capital improvements over recent times to become one of Ballarat’s premier late night entertainment venues.
Investment highlights include:
- Comprising three levels with State-of-the-Art renovations and facilities along with a valuable late-night liquor licence
- Subject to long-term lease (with options) to experienced and successful hospitality operators
- Offering a market rental return with tenant to pay all outgoings (excluding Land Tax)
- Site area of 728sqm / Commercial 1 Zone
- Positioned within minutes to Ballarat CBD and Ballarat’s outstanding Station Redevelopment project
The Bluestone represents an excellent opportunity to secure a high yielding, passive investment in the heart of one of Victoria’s strongest regional cities.
Offered for sale via Expressions of Interest.
For further information on this opportunity, to obtain the Information Memorandum and/or to arrange an inspection, please contact the agents listed.
Property ID: 502958154Last Updated: 13 Dec 2018