Hotel/Leisure
ID 106528Updated
Sale
Ball Court Hotel
60 Macedon Street
Sunbury, Victoria, 3429
Please contact us for price
- Size3,807 SQM
Will Connolly
Senior Vice President - Hotel Investment Sales - Pubs
Agent details
Ben McDonald
Managing Director, Head of Pubs
Agent details
- Description
- Building Information
- Location
- Agents
Description
AVC Leased Metro Melbourne Pub Freehold
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 $770,000 with annual 3% increases
- Long-term security by way of a 15-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 Private Sale
For further information on this opportunity, please contact the exclusive selling agents.
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 $770,000 with annual 3% increases
- Long-term security by way of a 15-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 Private Sale
For further information on this opportunity, please contact the exclusive selling agents.
Location
Agents
Will Connolly
Senior Vice President - Hotel Investment Sales - Pubs
Agent details
Ben McDonald
Managing Director, Head of Pubs
Agent details