Ballarat, Victoria

$2,580,000

Property Description

Australia's Most Recogised Apartment Hotel Brand in Vic Largest Regional City | Resort Brokers ID : LH006356

Offered exclusively by ResortBrokers is the leasehold interest of Quest Ballarat. The property comprises 53 keys made up of studio, one, two and three bedroom apartments.



  • Australia's Leading Apartment Hotel Brand.

  • Victoria's largest regional city

  • Quality gymnasium, conference room, business centre, atrium with BBQ facilities

  • Extensive refurbishment due for completion by settlement

  • Large net profit boosted further by $104,000 rent reduction

  • Strong year on year growth

  • Outstanding CBD Location in historically significant building

  • Secure 25 year lease

Date updated: 21 Sep 2020 23:00:05

Property Summary

Business Snapshot

Price: $2,580,000 Net Profit: $644,950

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

ResortBrokers

Damon Lunardello
ResortBrokers

Phone

Listing Tools

This listing last updated: 21st September 2020

Property Map

Map Location ( get directions )

Ballarat, Victoria 3350 Exact map location not provided

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