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3-11 Dawson Street, BALLARAT CENTRAL VIC, 3350

Sold
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Property Sold in 3-11 Dawson Street, BALLARAT CENTRAL VIC, 3350

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11266027
Status:
Sold
Last Updated:
29/05/2020
Price:
Price on Request
Icon building

Property Type

Hotel/Leisure
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Land Area

3492 SQM
Icon size

Floor Area

4300 SQM
Icon parking

Parking

N/A

Leading Quest Hotel Apartment Complex - Long Lease to 2030

Long 15 year leases to July 2030 plus options to 2050
Quest Apartments: Australasia’s largest apartment hotel brand est 1988 and now in over 150 locations
Annual fixed 4% rent increases
Immaculately maintained 4,300 sqm three level building incorporates 55 self contained apartments including 21 twin key plus reception, conference and business facilities and gymnasium
On-title parking for 34 cars
Significant 3,492 sqm landholding with premium Commercial 1 zoning
New capital intensive upgrades including brand new passenger lift
Strategic location within close proximity of Ballarat Hospital, University, train station and central business district
Substantial income tax saving depreciation benefits
Net Rent: $855,000 pa

For Sale by Expressions of Interest
Closing 4pm Wednesday 8 November 2017

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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