About this property
84 Barkly Street in Ararat is a mixed‑use hospitality property that combines a small boutique hotel with an on‑site Bar & Grill. The hotel component provides five motel‑type rooms together with a manager’s residence, while the restaurant occupies the ground floor. The site sits on roughly 558 m² of land, has an estimated total floor area of about 600 m² and includes a four‑car garage for on‑site parking.
The free‑hold asset was sold in August 2018 and is marketed as an investment delivering an estimated 7.5 % annual return under a three‑term, five‑year lease structure. The building is centrally located within Ararat’s commercial centre and is within walking distance of key civic facilities