81 Hummfray Street North, Ballarat, Victoria
SOLD - Eastern Station Hotel - In the Heart of Ballarat
SOLD
Business Description
CRE Brokers are delighted to present the leasehold opportunity for Eastern Station Hotel (formerly The Eastern) - a classic corner pub in the heart of Ballarat.
This iconic venue offers multiple revenue streams with:
Level 1 – Operating as an 8-room accommodation venue
Ground Floor – A vacant space ready for a new vision
Accommodation (Level 1):
* 8 fully refurbished bedrooms
* Common area & kitchenette
* 2 shared bathrooms
* Private access via a separate entrance
Hotel & Retail/Dining Space (Ground Floor): Vacant
* Public bar
* Spacious multipurpose area (previously a live music venue, suitable for a bistro, dining, or event space)
* Private rear beer garden
* Kitchen
* Additional separate space for rental income or hotel expansion (retail, dining, or other potential uses)
Eastern Station was once a thriving live music venue, renowned for hosting diverse local and touring artists across genres like rock, blues, folk, and jazz.
This is a rare opportunity to take ownership of a well-positioned venue with strong potential for growth. Don't miss your chance to bring new life to this Ballarat icon!
Enquire today!
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North, C:VIC - West
Key Investment Insights
1. The Eastern Station Hotel is a well-known and iconic venue in the heart of Ballarat.
2. The property offers multiple revenue streams, including accommodation, a public bar, and a spacious multipurpose area.
3. The accommodation on the first floor has been fully refurbished and offers 8 rooms, a common area, and a kitchenette.
4. The ground floor space is currently vacant, providing an opportunity for a new vision and potential for additional income.
5. The venue has a private rear beer garden and a kitchen, making it suitable for hosting events and offering dining options.
6. The property also has an additional separate space that could be used for rental income or hotel expansion.
7. The Eastern Station Hotel was once a popular live music venue, known for hosting diverse local and touring artists.
8. This is a rare opportunity to take ownership of a well-positioned venue with strong potential for growth.
9. The property is located in a prime location in Ballarat, with easy access to transportation and other amenities.
10. The leasehold opportunity allows for a new owner to bring new life to this Ballarat icon and potentially increase profits.