A rare opportunity to purchase a Freehold and Business or Lease right on the water in a thriving city.
A striking 2 story typical Australian hotel in a great position overlooking the water at Port Augusta.
Port Augusta is a thriving northern city. It is the jumping off point to the outback of Australia and the mining towns in outback South Australia. It is also the junction of the major Australian highways going from Perth to the Eastern states and Adelaide to Darwin. Port Augusta is experiencing a huge boom in population, industry and tourism. The population growth and new building is extraordinary.
On the banks of the Spencer Gulf sits the Hotel Augusta with a great beer garden overlooking the water. The hotel has large bars and dining room, good gaming room with 17 gaming machines, potential to do accommodation and great potential to establish a popular bakery/café overlooking the water.
Lease $295,000 + stock. ALL OFFERS CONSIDERED.