429 Sturt Street Ballarat Central VIC 3350

Burgess Rawson, together with Colliers Ballarat are delighted to present to market the Golden City Hotel at 429 Sturt Street, Ballarat Central VIC for sale via Expressions of Interest closing Wednesday 28 May 2025 at 3pm AEST.

Key Investment Highlights:

+ Renewed 5-year lease to 2029 plus options through to 2054.
+ Golden City Hotel: a Ballarat landmark, est. 1856 trading 7 days a week including breakfast.
+ Beautifully renovated two-level Victorian building with bar, bistro, café, event and conference rooms and alfresco dining.
+ Commanding 567sqm* corner site with a key 54 metre* frontage to Sturt Street (8,000 vehicles passing daily)** and Dawson Street.
+ Landlord favourable net lease structure with tenant paying usual outgoings excluding land tax.
+ Annual CPI rent reviews.
+ High-profile central Ballarat location neighbouring Central Square Shopping Centre (55+ stores), Myer, Big W, Woolworths, Ballarat Train Station and Federation University all within 1km*.
+ Ballarat: capital of Western Victoria with population forecast to surge 32% to 164,365 by 2046. ***
+ Potential 50% stamp duty savings.
+ Net Income: $388,588 pa* + GST

For sale by sale via Expressions of Interest closing Wednesday 28 May 2025 at 3pm AEST

*Approx
**GapMaps
***Forecast.id

For more information, please contact Burgess Rawson or Colliers Ballarat.

Burgess Rawson:
Raoul Holderhead | 0413 860 304

Colliers:
Lauchlan Waddell | 0407 520 725
David Wright | 0418 518 353