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BALLARAT, VIC
Historic Ballarat Pub with Accommodation & Multiple Income Streams
South Street, Ballarat, VIC, 3350
Accommodation/tourism · Hotel
Leasehold $450,000 + SAV
CRE Brokers are pleased to exclusively present the Royal Oak Hotel Leasehold Business for sale, offering an outstanding opportunity to acquire a well-established hospitality business in the heart of Ballarat, one of regional Victoria's most vibrant and thriving centres.Originally built in 1866, the Royal Oak Hotel is a character-filled property combining timeless heritage appeal with a range of established and emerging income streams. Under the current ownership for the past five years, the business is now ready for a new operator to take it into its next chapter.Renowned as a traditional "old school pub", the Royal Oak Hotel offers great value, a welcoming atmosphere and a loyal local following, while also benefiting from the strong visitor and tourism market generated by Ballarat.The hotel features a cosy bistro with a traditional fireplace, a spacious public bar and a fully equipped commercial kitchen, supported by a cool room, freezer room and excellent storage facilities. A recently renovated beer garden provides additional outdoor seating, while the hotel's original stable building has been transformed into a unique function space complete with its own built-in bar, creating an ideal venue for private functions and celebrations.Upstairs presents significant further potential, with four recently renovated accommodation rooms already providing an additional income stream. A further three bedrooms offer flexibility to be utilised as owner's accommodation or potentially added to the short-term accommodation pool, creating further opportunities to increase revenue.The hotel's impressive heritage character is enhanced by a range of period features, including high ceilings, leadlight windows, a grand staircase and ornate balustrading.The business is offered with the benefit of an existing lease with approximately 20 years remaining, providing long-term tenure for the incoming operator. With an attractive annual rental of just $80,000 plus GST, the Royal Oak Hotel represents an exciting leasehold hospitality opportunity with multiple income streams and further potential in one of regional Victoria's strongest hospitality markets.Key Features:* Established leasehold hotel business in central Ballarat* Historic hotel originally built in 1866* Strong local following and traditional "old school pub" appeal* Cosy bistro with fireplace* Spacious public bar* Fully equipped commercial kitchen* Cool room, freezer room and generous storage* Recently renovated beer garden* Unique function space with built-in bar* Four recently renovated accommodation rooms* Three additional bedrooms offering further flexibility and income potential* Significant heritage character and period features* Approximately 20 years remaining on existing lease* Attractive annual rental of $80,000 plus GST* Further potential to grow and develop the businessAn outstanding opportunity to secure a well-established Ballarat hospitality business with strong foundations, multiple income streams and genuine upside potential.
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