New
Listing

Mannum Hotel – FREEHOLD & BUSINESS or Lease

What an opportunity.

Freehold & Business or Lease

Rarely does the opportunity arise to purchase a freehold and business of a strong trading hotel with gaming, accommodation, bars, restaurant and bottleshop only 84km from the Adelaide CBD. Overlooking the river, the potential of this hotel is huge. Mannum is an fast growing popular river town near to the exploding city of Murray Bridge and only a short drive to Adelaide. This is a great investment now but also has the potential to become a significant regional hotel.

Located in the main street of Mannum, the hotel has 7 gaming machine entitlements, dining, bar, large bottle shop, 14 rooms of public and private managers ensuite room. The hotel provides for the local and tourist trade.

Mannum is a rapidly growing town with a permanent population of 6,750, a large tourist trade and the many ‘shackies’ and holidaymakers that use the many BnB’s and houseboats located in and around the river town. The town has 2 supermarkets, hospital, retirement village, many small businesses and all the other services of a large town. The town was first settled in 1840 as a river port and is still home to the PS Marion and base for the largest ship operating on the Murray – the paddle boat ‘Murray Princess’.

Asking Price

FREEHOLD & BUSINESS    $2M + stock

LEASE                                    $250,000 + stock