Unprecedented collection of five hospitality assets in prestigious Ballarat CBD location
Includes two iconic hotels
28 rooms + 28 gaming machines
Combination of tenures on offer
JLL Hotels & Hospitality, in conjunction with Cropley Commercial, are thrilled to present for sale the prestigious 'Ballarat Collection', providing the opportunity to acquire five unique assets located in the heart of Victoria's major regional centre of Ballarat.
On offer are the freehold going concern interests in:
* The George Hotel * Quality Inn Heritage on Lydiard
with accompanying freehold assets located at:
* 43 Lydiard Street North * 22 Armstrong Street North * 24-28 Armstrong Street North
Key investment highlights include:
* Opportunity to acquire two iconic Ballarat hotels with combined accommodation of 28 rooms * Includes 28 valuable gaming machine entitlements within the George Hotel (licensed for 42) * Incredible landbank with over 1 acre of property in prestigious CBD location * Guaranteed rental income via 22-28 Armstrong Street, including national tenant, Zambrero * Hotels underpinned by franchise agreements with multinational hotel operator, Choice Hotels * Surrounded by several demand drivers in major regional Victorian centre
The Ballarat Collection presents investors and owner-operators an irreplaceable opportunity to own over 1 acre of prestigious Ballarat CBD property.
Available for sale either in-one-line or individually via national Expressions of Interest closing Thursday 7 December at 5:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.