The Mill Bathurst, a unique and rare gem located in the cultural precinct of Bathurst, is now available for sale via expressions of interest closing 4:00pm AEST on 25th May 2023. The 7,440 sqm (approx.) landholding offers significant development potential with iconic heritage buildings and frontages to Keppel Street, Havannah Street and Manilla Street.

The approved Master Plan offers additional earning potential with the total GFA increased from 5,570 sqm to 14,495 sqm. The plan includes four heritage/boutique hotels with 122 rooms in total, partially DA approved, over 3,469 sqm of commercial spaces including an exhibition space/art gallery, an art house with 90 seats cinema, a commercial kitchen, and event and function space. Over 1,500 sqm of retail space, nestled within a heritage building, is suitable for 29 tenancies. The residential development includes 12 x 3-bedroom terraces and 4 x 1-bedroom mews.

Located just 100 metres from Bathurst Train Station, The Mill Bathurst presents an opportunity for a mixed-use hospitality and cultural precinct. The property is set to benefit from the area's growing population, regional workforce, and tourism expenditure.

Bathurst, with a population of 135,000 in the trade area, has a gross regional product of $2.5 billion and a regional workforce of 74,000. With 1.0 million visitors and $243 million tourism expenditure, Bathurst is a thriving regional hub with strong economic fundamentals. The median weekly household income in Bathurst is $1,029.

"We are thrilled to offer The Mill Bathurst for sale," said the exclusive agents Mike Stokes and Shirley Fan of CI Australia. "This is a unique opportunity to acquire a rare property with significant development potential in the heart of Bathurst's cultural precinct."

Expressions of interest for The Mill Bathurst are now open and will close on 25th May 2023. For more information, please contact Mike Stoke and Shirley Fan of CI Australia.