Colliers, on behalf of Uniting, is pleased to present a unique opportunity to acquire a piece of Ballarat’s rich history with the sale of Reid’s Coffee Palace at  124-128 Lydiard Street North, Ballarat Central.

This historic property, originally constructed as a coffee palace and accommodation during Ballarat’s gold rush, is now available for Expressions of  Interest. 

Reid’s Coffee Palace, a landmark of Ballarat’s history, was built between 1886 and 1888. The property, which once housed the New York Bakery, was envisioned by owner John Reid as a premier  establishment offering coffee and high-quality accommodation.

Its strategic location adjoining the Ballarat Train Station made it a vital hub for visitors and commerce during the city’s boom years. 

The property spans 1,450 sqm over four levels and includes 60 accommodation rooms, four kitchen areas, and four ground-floor tenancies on a 922 sqm land parcel within a commercial 1 zone. Many  of the rooms feature private ensuites, and the ground-floor retail areas add to the building’s  versatility. 

A significant restoration effort between 2017 and 2018, supported by the Living Heritage program, Heritage Victoria, and the City of Ballarat, has preserved the building’s historical façade and  reinstated many of its internal decorations and distinctive artwork. 

Lauchlan Waddell, Colliers Senior Executive, said, “Reid’s Coffee Palace offers an unparalleled location in the heart of the Ballarat CBD, directly adjoining the Ballarat Train Station. The property’s  variety of accommodation and commercial spaces makes this an exciting opportunity to be part of  the next chapter in this stunning period building’s rich history.” 

Travis Keenan added, “Ballarat is Victoria’s largest inland city, with a population of almost 120,000 residents, which continues to grow year on year. The city is home to several iconic tourism  attractions, including Sovereign Hill, Ballarat Wildlife Park, and Mars Stadium.” 

Primely positioned adjacent to the historic Ballarat Train Station, Reid’s Coffee Palace boasts unparalleled convenience and connectivity, making it an ideal location for both business and leisure.

The Ballarat Train Station is undergoing a $50 million upgrade to improve accessibility, safety, and connectivity for all public transport users. This upgrade will play a key role in supporting the station  now and into the future. 

Just steps away from the city’s key landmarks, Reid’s Coffee Palace offers seamless access to the Ballarat Town Hall, the renowned Ballarat Art Gallery, and the iconic Her Majesty’s Theatre.

The area  is alive with an eclectic mix of restaurants, cafes, and bars, creating a vibrant day and night atmosphere. Surrounded by a dynamic network of professional services, boutique retail outlets,  fitness centres, and a thriving hospitality scene, Reid’s Coffee Palace is ideally situated to  accommodate the needs of businesses seeking to make their mark in the heart of Ballarat. 

124-128 Lydiard Street North, Ballarat Central, is being offered for sale via Expression of Interest, closing Wednesday, 12th March at 4pm (AEDT). 

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