Federal Hotel, Port Pirie
Hotel
ActiveHospitality & TourismSouth AustraliaB2C
Asking price
$1,250,000 + stock
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
- Heritage hotel with restored facade and interior in Port Pirie, the regional centre of the Southern Flinders Ranges
- Established in 1898 with many original features still in place
- Located opposite the Regional Hospital and close to the CBD
- Operates an old fashioned front bar without gaming machines, horse racing or Keno
- Features live music, open fires, beer garden, alfresco, functions, pool table, kids playground and RV carpark
- Site totals over 4,000sqm offering development potential
- Substantial vacant land to rear included, suited to a motel complex or cabins
- Potential to increase trade with the introduction of a kitchen
- Offered as Freehold & Business
Hotels in South Australia
Hotels for sale in South Australia (10) →Listed
10
active
Median asking
$923K
6 priced
Earnings multiple
2.9×
38 listings
Asking price spread6 of 10 state a price
This listing · $1.3M
33%
$100K–$250K$1M–$2.5M
Australia 86 · Victoria 32 · New South Wales 20 · Queensland 8
Cafes 34 · Restaurants 25 · General retail businesses 11 · Hair salons 11 · Takeaways 10 · Building and construction businesses 9
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