Regional South Australia Hotel
–the only game in town
Located in a popular regional tourist town just outside of Adelaide, this historic hotel takes full advantage of its main street location and no local competition, generating fantastic income seven days a week.
The hotel has been operating from the site since 1856. The picture perfect two-storey building is one of the most photographed hotels in Australia. Matching the popular National Motor Museum across the road, a Model-T car is mounted out front of the hotel while inside car memorabile decorates throughout.
Facilities in the hotel include two dining areas serviced by one main bar and a large beer garden for alfresco dining. The dining room menu includes a wide selection of traditional hotel favourites plus modern Australian cuisine. In addition the hotel operates 18-gaming machines further diversifying the revenue base.
As the only hotel in town the business benefits greatly from the large volume of tourists who visit and pass through the town on a daily basis. The town is located between Adelaide and the world-renowned wine region of the Barossa valley. In addition to tourists, the hotel is well supported by local residents and workers.
On the second floor of the hotel is a magnificent 6-bedroom, 2-bathroom residence that will make a fantastic home for the new owner. With 18-years remaining on the existing lease you’ll be able to make the most of this premium location in the future.
The lifestyle you can expect locally is one of laidback regional living within a friendly safe community. You’ll be central to some of South Australia’s favourite destinations including 50 minutes to Adelaide and 30 minutes to the Barossa Valley or majestic Murray River. The town has excellent health and education services with the nearby shopping centre ensuring you’ll want for nothing.
Asking price: $950,000 + SAV
Code: SA21-016 • State: SA
Contact buyer enquiry centre
International: +61 2 9181 4477
Australia: 1300 650 470
Or visit www.chasemanhattan.com.au