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Ball Court Hotel, 60 Macedon Street, Sunbury VIC 3429

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Ball Court Hotel, 60 Macedon Street, Sunbury VIC 3429

Ball Court Hotel, 60 Macedon Street, Sunbury VIC 3429

Properties / Buy / Victoria / Sunbury
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing Thursday 5 December 2024 at 12:00pm AEDT.
Land Area
3,807 m² (*approx)
Property Type
Hotel/Leisure
Sub-type
Hotel
Terms
Long-term security by way of a 10-year initial term plus options
Est. Income
$875,000 p/a
Fully Leased
Australian Venue Co.
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2. Property Highlights

AVC Leased Metro Melbourne Pub Freehold
  • Long-term lease to AVC
  • Extensively refurbished
  • 3,807sqm site in C1Z

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.

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Hotel/Leisure
Sub-type
Hotel
Est. Income
$875,000 p/a
Tenant
Australian Venue Co.
Terms
Long-term security by way of a 10-year initial term plus options
Land Area
3,807 m² (*approx)
Selling Method
EOI
EOI Closing Date
5 Dec 2024 12:00PM
Add to calendar
Selling Details
Closing Thursday 5 December 2024 at 12:00pm AEDT.

2. Property Highlights

AVC Leased Metro Melbourne Pub Freehold
  • Long-term lease to AVC
  • Extensively refurbished
  • 3,807sqm site in C1Z

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.

Read More
Tenanted Investment
Ben McDonald
Ben McDonald
+61 *** *** *** show +61 414 182 848
Message
+61 414 182 848 Ben.McDonald@ap.jll.com Message
Will Connolly
Will Connolly
+61 *** *** *** show +61 432 116 287
Message
+61 432 116 287 will.connolly@ap.jll.com Message

Download Development Site Report
Ben McDonald
Ben McDonald
+61 *** *** *** show +61 414 182 848
Message
+61 414 182 848 Ben.McDonald@ap.jll.com Message
Will Connolly
Will Connolly
+61 *** *** *** show +61 432 116 287
Message
+61 432 116 287 will.connolly@ap.jll.com Message

3. Property Location

Ball Court Hotel, 60 Macedon Street, Sunbury VIC 3429

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Ball Court Hotel, 60 Macedon Street, Sunbury VIC 3429 Sunbury
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JLL - Hotels & Hospitality Group
JLL - Hotels & Hospitality Group
Level 25, 420 George Street, Sydney, NSW 2000
View Agency Profile
Ben McDonald
Ben McDonald
+61 *** *** *** show +61 414 182 848
Will Connolly
Will Connolly
+61 *** *** *** show +61 432 116 287
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