Queen's Head Hotel - 1P5809 1112
Perfectly positioned on a major arterial road and surrounded by an ever-growing population in the thriving regional city of Ballarat, sits the fabulously presented Queen's Head Hotel.
The hotel has recently been fully refurbished by the current tenants, it has been newly painted both internally and externally and had the roof replaced in 2023. The hotel offers a large bistro for over 80 people, cosy public bar area, private beer garden with undercover areas, full commercial kitchen, large cool rooms and heaps of internal storage. An attached 3 bedroom manager's residence completes this fabulous hotel.
The Thirsty Camel drive thru bottle shop has undergone recent refurbishment as well and presents in impeccable condition, with a separate tenant and its own lease to complete this fantastic opportunity.
A low maintenance, single storey brick building, with two long term very experienced tenants, two long leases with market rent and GRZ (residential) zoned land of 1476 sqm make this one of the best passive investment hotels to hit the market in recent times.
An inspection of the Queen's Head Hotel will not disappoint.
Property Address
- Address: 146 Hummfray Street
- Area: VIC - North
- City: Ballarat East
- Country: Australia
- Zipcode: 3350
Property Overview
Price:
Investment $1,775,000