Kooie Commercial

10 Photos
1

Bells Hotel, 147 Moray Street,

Shops & Retail Offices

Price information Sale

Key insights

Description

Secure a South Melbourne icon
Freehold & business opportunity
Multi-million dollar refurbishment
Includes 40 gaming machines
JLL Hotels & Hospitality Group is thrilled to exclusively present for sale one of this year’s most anticipated pub offerings in Melbourne’s tightly held market, South Melbourne’s iconic Bells Hotel.

Offered as a freehold going concern, the multi-million dollar refurbishment of Bells Hotel has transformed the property into a multi-faceted and high performing operation. With twelve distinct spaces, the hotel offers a diverse mix of revenue streams including high volume food & beverage, valuable gaming income via its 40 electronic gaming machines along with significant functions and events income.

Key highlights include:

+ Well established and high performing operation across multiple revenue streams which includes valuable gaming income via its 40 EGMs
+ Twelve distinct spaces which includes the revered ‘Main Hall’ which plays host to some of Melbourne’s most prestigious corporate and sporting events
+ High profile corner location with exceptional dual street frontage of over 60 metres to the busy intersection of Coventry and Moray Streets in the heart of South Melbourne, just 2.5km from Melbourne’s CBD
+ Significant city fringe landbank with a commanding total site area of 1,161sqm which includes a separate laneway access
+ Recent multi-million dollar refurbishment ensures minimal future CAPEX and significant replacement cost
+ Superbly positioned within walking distance to some of Melbourne's most popular tourist event destinations including Albert Park Lake and Crown Casino with excellent public transport connectivity via light rail, tram and bus

For sale via international Expressions of Interest closing Thursday 22 August 2024 at 12:00pm AEST.

For further information on this opportunity, please contact the exclusive selling agents.