An opportunity to purchase the freehold investment of a very profitable delightful hotel.

Attracting a rental of $36,459.82 per annum plus gst (if applicable). A CPI increase is due in October 2023 and annually. There is no Stamp Duty payable on this purchase and the tenant pays all outgoings, making this a very tidy investment.

Located in the main street of the popular mid north town of Orroroo. An attractive typically Australian country hotel on the outside. On the inside it has been extensively renovated to provide a modern popular hotel. You will be pleasantly surprised by the modern decor and presentation of this hotel.  The hotel provides bar with TAB, lounge bar with open fireplace, delightful dining room, bottleshop, 3 rooms of public accommodation, comfortable private residence, large fenced yard with good shedding and a large area of vacant land behind the hotel. Recently works undertaken on the hotel include new ceilings, new floors and new roof and guttering.

Orroroo is located 275km north of Adelaide on the tourist highway to the Flinders Ranges and the outback. The town services the local population and the large surrounding farming areas and smaller towns. The town has a hospital, Yr 1 – 12 area school, banking, shopping and small business.