- 127-131 Sturt Street, Ballarat Central
- 542 square metres (approx.)
- Agent: Colliers International
- Contact: Charles Kennedy on 0431 914 778
- Inspect: By appointment
- Contact agent for price details
A trophy CBD property with development potential, the Unicorn Hotel has been fully restored, revitalised and is ready for use.
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This historic, iconic building is on two titles, offering an estimated $100,000 potential income from the building and the additional car parks at the rear. The second title offers the additional potential to build upon (STCA).
The Unicorn Hotel dates back to the mid-1800s, when it was a landmark hotel catering to the local gold miners and share speculators trading from the rear of the premises.
The original building is approximately 300 square metres, spread across two floors. There is also a cellar area, and on the first floor an amazing 65 square metres of covered deck with expansive views overlooking Sturt Street.
The building has front and rear access, and has recently been used as a restaurant, with all essential facilities in place. These include modern toilet facilities on both floors, a grease trap, and a high volume gas meter.
The Unicorn Hotel is a well-known, highly visible building on the southern side of Sturt Street, just east of the intersection with Lydiard Street in the heart of the city.
This places it at the centre of the heritage, tourism, dining, entertainment, shopping and commercial business precincts of Ballarat. It also has more than 13 metres of frontage, providing exceptional exposure to passing cars and foot traffic.
This is an exciting opportunity for a new or existing business to breathe new life into this beautiful building.
Don't delay, call the agent today for more information or to make an inspection.