73 Keen Street Lismore NSW 2480

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