The Ballarat Collection: George Hotel and adjoining properties

Written By Cropley Commercial

Properties for sale

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

Cropley Commercial, in conjunction with JLL Hotels & Hospitality, 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.

For all enquiries, contact:

George Iliopulos, 0414 374 161

Download the brochure

Property Location

Ballarat Central
VIC 3350

 
Cropley Commercial