240 - 242 Barkly Street,
Ararat, VIC 3377
Hotel, Motel & Leisure
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Freehold Hotel Investment
Historic Shire Hall Hotel Ararat, Freehold Hotel Investment
Solid Brick, Double Storey Building 920 sq.m. approx. Land 1000 sq.m. approx..
15 Year lease commenced 27 April 2012
Rent $20,800 p.a. (6.5% yield) increasing to $26,000 In April 2017 (8.1% yield), then CPI increases.
Comprises a popular public bar, pool room, restaurant dining room, 2 x function rooms, commercial kitchen, 16 guest accommodation rooms, 2 Bedroom Managers residence, lovely ornate period features, great central CBD location with North Aspect to Civic Square.
This Hotel has a popular clientele and is steeped in history, features beautiful lead light windows & doors, ornate timber stair case, under bar cellar, gas & cosy wood heater plus an open fire for ambience and is located in a great central location with recent streetscape works including grape vines to promote the Grampians & Pyrenees Winery region.
Solid Brick, Double Storey Building 920 sq.m. approx. Land 1000 sq.m. approx..
15 Year lease commenced 27 April 2012
Rent $20,800 p.a. (6.5% yield) increasing to $26,000 In April 2017 (8.1% yield), then CPI increases.
Comprises a popular public bar, pool room, restaurant dining room, 2 x function rooms, commercial kitchen, 16 guest accommodation rooms, 2 Bedroom Managers residence, lovely ornate period features, great central CBD location with North Aspect to Civic Square.
This Hotel has a popular clientele and is steeped in history, features beautiful lead light windows & doors, ornate timber stair case, under bar cellar, gas & cosy wood heater plus an open fire for ambience and is located in a great central location with recent streetscape works including grape vines to promote the Grampians & Pyrenees Winery region.
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Property ID: 502661142Last Updated: 9 Jul 2019
03 5352 23...
240 - 242 Barkly Street
Ararat, VIC 3377
Ray White Ararat - Ararat179 Barkly Street
ARARAT, VIC 3377
ARARAT, VIC 3377
Contact Agency
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