63 Brooke Street, Smythesdale, Vic 3351

Hotel/Leisure
$1,350,000 - $1,400,000
$1,350,000 - $1,400,000
Published on: 21 Aug 2026
Last updated on: 21 Aug 2026
63 Brooke Street, Smythesdale, Vic 3351
63 Brooke Street, Smythesdale, Vic 3351
63 Brooke Street, Smythesdale, Vic 3351
+29
63 Brooke Street, Smythesdale, Vic 3351
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Property ID: 505214184
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Key property information

Land Size
1,452.00 m2
Floor Area
600.00 m2

Landmark regional hospitality freehold | secure long-term investment

63 Brooke Street, Smythesdale, Vic 3351
The Courthouse Hotel presents a rare opportunity to acquire a landmark regional hospitality freehold, combining secure long-term income, heritage significance and strong regional growth fundamentals.

Located in the historic township of Smythesdale, just a short drive from Ballarat, the property is securely leased to an established hotel operator through to 2055. The lease provides for fixed annual rental increases of 3% and five-yearly market rent reviews, with the next review scheduled for 2030. The rent will increase to $95,481 per annum in December 2026, providing investors with a stable and growing income stream.

Set on approximately 1,452m², the property benefits from a large rear car park, ample on-street parking and a substantial hospitality offering. The hotel features a warm and inviting local bar with open fireplaces, expansive dining area, large commercial kitchen and a very generous beer garden.

Constructed in 1856, the Courthouse Hotel has been a defining feature of Smythesdale since the height of Victoria's gold rush. For almost 170 years it has served as a meeting place for locals and travellers, becoming one of the township's most recognisable and enduring landmarks. Today, it continues to operate as a thriving hospitality venue while retaining the heritage character that gives the property its unique identity.

Smythesdale's proximity to Ballarat provides an important long-term investment driver. As Ballarat continues to grow, the broader regional growth corridor is extending westward towards Smythesdale, supporting the township's position within an expanding regional economy.

The Courthouse Hotel represents a tightly held investment opportunity, combining a long-term lease, contractual rental growth, established tenancy and a landmark heritage asset. With strong underlying regional fundamentals and a secure income profile, the property offers an attractive passive investment opportunity within one of Victoria's established regional growth areas.

A rare opportunity to secure almost 170 years of history with the benefit of long-term, growing income.

Investment Highlights

* Landmark regional hospitality freehold with established trading history
* Secure lease through to 2055
* Established hotel operator
* 3% fixed annual rental increases
* Five-yearly market rent reviews, with the next review in 2030
* Rent increasing to $95,481 per annum in December 2026
* Approx. 1,452m² landholding*
* Substantial rear car parking plus strong on-street parking
* Established bar, dining, kitchen and expansive beer garden facilities
* Authentic heritage character dating from 1856
* Prominent position within the growing Ballarat region
* Strong proximity to Ballarat and the continuing regional growth corridor towards Smythesdale
* Attractive passive investment profile with long-term income security

For further details, please contact Chris Sargent on 0438 899 524.

Property Details

Basic Info

Property Type
Hotel/Leisure
Listing Status
On Market
Land Size
1,452.00 m2
Address
63 Brooke Street, Smythesdale, Vic 3351

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Chris Sargent
Chris Sargent
1211 Sturt Street, Ballarat Central, Vic 3350
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Chris Sargent
Chris Sargent
1211 Sturt Street, Ballarat Central, Vic 3350
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      Property ID: 505214184

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