202 Dawson Street South,
Ballarat Central, VIC 3350

Hotel, Motel & Leisure • Other

Added 1 day ago

Price information

Sale - Expression of Interest

Expression of Interest

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

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Map of 202 Dawson Street South

Directions

Train stations within 5 km of 202 Dawson Street South, Ballarat Central, VIC 3350 Distance
Ballarat Station 1 km
V Line 3.3 km
Wendouree Station 4.1 km
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Bus stops within 5 km of 202 Dawson Street South, Ballarat Central, VIC 3350	Distance
Eyre St/Doveton St S (Ballarat Central)	161 m
Skipton St/Doveton St S (Ballarat Central)	201 m
Dana St PSDoveton St S	281 m
Federation UniversityGrant St	325 m
South St/Skipton St (Ballarat Central)	437 m

Central Investment with Future Potential

RWC Ballarat are excited to offer this stunning property to the market. Situated in a desirable location of Ballarat, this three level building is leased on a three year lease as an accommodation facility. This property lends itself as a great investment with yearly rent increases and landlord favourable terms. The astute buyer will see the future potential with this site as they will have the option to further develop the property STCA to enhance what the property has to offer.

- Three year lease commencing 1st May 2023
- Two further terms of three years
- Current rent amount $103,500pa*
- 3.5% annual increases and MR at renewal
- Tenant pays for all usual outgoings
- Significant accommodation property with 23 guest rooms
- Situated over 3 levels with beautiful views from the balcony
- Land area of approx. 511m2* with 5 off street car parks
- Current planning permit for Bed and Breakfast
- Three bathrooms, two kitchens and laundry facilities
- Hydronic heating and air conditioning

Expressions of Interest Closing 20th September 2024 at 12 noon.