Back to previous step
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 $875,000 with annual 2.5% increases
+ Long-term security by way of a 10-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 national Expressions of Interest closing Thursday 5 December 2024 at 12:00pm AEDT.
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 $875,000 with annual 2.5% increases
+ Long-term security by way of a 10-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 national Expressions of Interest closing Thursday 5 December 2024 at 12:00pm AEDT.
For further information on this opportunity, please contact the exclusive selling agents.
Yield Calculator
Yield Calculator
