Mt Pleasant Hotel Motel – Freehold Investment – SOLD
A rare opportunity to purchase the Freehold Investment of a popular Adelaide Hills hotel motel on a huge landholding and with gaming machine entitlements.
A new, long commercial lease is in place to experienced tenants. This investment offers a good return on investment with the tenant paying all outgoings and the sale should not incur stamp duty.
The Mount Pleasant Hotel Motel is a beautiful building on a huge area of land. It is a good allround business with a large attractive front bar featuring polished timber floors and popular wood fire, TAB Agency, 2 dining rooms, a newly developed walk in bottleshop, 6 gaming machines, 6 very busy motel rooms, beer garden and an excellent managers residence all on a huge area of land over 5,800 square meters.
The hotel is popular with the local community and the many tourists traveling around the Adelaide Hills and Barossa regions.
Mount Pleasant is a beautiful Adelaide Hills town surrounded by fertile farming country known for its food, dairy, wines and horses. The town is located 55kms from Adelaide on the road between Birdwood and Angaston. The town hosts a district hospital, primary school, small businesses, many sporting clubs and local oval which hosts the farmers market every Saturday and many horse, cattle, dog and car shows.