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Ball Court Hotel, 60 Macedon Street,
Sunbury, VIC 3429
Hotel, Motel & Leisure
Added 1 day ago
Price information
Sale - Expression of Interest closing Thu 5 Dec
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JLL - Hotels & Hospitality Group
Level 27, 180 George StreetSYDNEY, NSW 2000
Ball Court Hotel, 60 Macedon Street
Sunbury, VIC 3429
Map of Ball Court Hotel, 60 Macedon Street
Train stations within 5 km of Ball Court Hotel, 60 Macedon Street, Sunbury, VIC 3429 Distance Sunbury Station 725 m POWERED BY HERE ©Bus stops within 5 km of Ball Court Hotel, 60 Macedon Street, Sunbury, VIC 3429 Distance Our Lady of Mt Carmel Catholic PS/Macedon St (Sunbury) 78 m Vaughan St/Macedon St (Sunbury) 209 m Jackson St/Brook St (Sunbury) 223 m Brook St/Jackson St (Sunbury) 283 m Ardcloney Dr/Macedon St (Sunbury) 372 m POWERED BY HERE ©
POWERED BY HERE ©
AVC Leased Metro Melbourne Pub Freehold
- Long-term lease to AVC
- Extensively refurbished
- 3,807sqm site in C1Z
JLL Hotels & Hospitality has the pleasure of presenting to market the fully leased, freehold investment opportunity of the Ball Court Hotel, Sunbury.
With major refurbishments recently undertaken, the asset is subject to a long-term lease to one of Australia’s largest pub operators, Australian Venue Co., providing investors with a genuine “set and forget” acquisition.
Key investment highlights include:
+ Current net annual income of $875,000 with annual 2.5% increases
+ Long-term security by way of a 10-year initial term plus options
+ Major refurbishments and upgrades recently completed to the asset, providing significant deprecation benefits
+ Expansive corner landholding of 3,807sqm* within Commercial 1 Zone
+ Located in the rapidly growing metropolitan Melbourne suburb of Sunbury, with projected population of around 105,000 by 2046
+ Fully leased to Australian Venue Co., currently operating over 200 venues across Australia and New Zealand, with annual turnover in excess of $1 billion
*Approximately
For sale via national Expressions of Interest closing Thursday 5 December 2024 at 12:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
With major refurbishments recently undertaken, the asset is subject to a long-term lease to one of Australia’s largest pub operators, Australian Venue Co., providing investors with a genuine “set and forget” acquisition.
Key investment highlights include:
+ Current net annual income of $875,000 with annual 2.5% increases
+ Long-term security by way of a 10-year initial term plus options
+ Major refurbishments and upgrades recently completed to the asset, providing significant deprecation benefits
+ Expansive corner landholding of 3,807sqm* within Commercial 1 Zone
+ Located in the rapidly growing metropolitan Melbourne suburb of Sunbury, with projected population of around 105,000 by 2046
+ Fully leased to Australian Venue Co., currently operating over 200 venues across Australia and New Zealand, with annual turnover in excess of $1 billion
*Approximately
For sale via national Expressions of Interest closing Thursday 5 December 2024 at 12:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
Property ID: 504738756Last Updated: 15 Nov 2024
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000