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Prince Edward Hotel - FREEHOLD HOTEL INVESTMENT Offers Considered.

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This is a rare opportunity to purchase a FREEHOLD INVESTMENT hotel in a popular fast growing Yorke Peninsula town.
This investment returns over 9% with CPI increases annually and a new long lease in place.
The hotel is well located being in the main shopping street of Wallaroo near the new shopping centre
Wallaroo and surrounding areas is the states fastest growing region outside of the Adelaide CBD. Wallaroo is 158km from Adelaide with a population over 2,500. With a strong industrial and rural industry base as well as being a popular holiday destination and retirement area, it boasts of all facilities including schools, shopping, golf courses and new shopping centre.
The Prince Edward Hotel presents well. It has a 200 people capacity function room, bars, lounge. 10 gaming machines and excellent private accommodation. 

  • FREEHOLD INVESTMENT
  • 9% return on investment
  • Rent $67,200pa + gst
  • CPI rent increase annually
  • Tenant pays all outgoings except Land tax
  • New long lease in place
  • Single story building
  • Popular hotel with 200 capacity Dining/Function room,10 Gaming Machines, modern upmarket front Bar,attractive Lounge/Bar room, Beer Garden,Private accommodation of 5 main rooms 
Asking $750,000 OFFERS CONSIDERED


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