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DealProspect/Listings/Hospitality & Tourism

Kalangadoo Hotel

Hotel

ActiveHospitality & TourismSouth AustraliaB2C
Asking price
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Disclosed · AUD
Revenue
EBITDA
Implied multiple
Brief
  • Single storey limestone hotel constructed in 1902, located 25 minutes from Mount Gambier
  • Comprises a long front bar with woodfire, walk-in bottleshop and sports room with pool table and dart board
  • Features a 640-year-old redgum timber slab bar and 48-seat character dining room
  • Fully equipped commercial kitchen
  • 8 guest bedrooms with share bathrooms and guests lounge
  • Managers quarters with lounge, bedroom and bathroom
  • Enclosed beer garden and outdoor festival area with stage and bar
  • Offered as Leasehold & Business
  • Vendor is negotiable on asking price and will consider reasonable offers
  • Former hotel experience not essential as vendor will provide training prior to settlement