Freehold Hotel Motel Investment in Paringa
Hotel
ActiveHospitality & TourismSouth AustraliaB2C
Asking price
$3,700,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
- Single-storey gaming hotel on the Murray River, the only hotel in town
- 18-machine gaming room, public bar with TAB and Keno, drive-thru bottle shop
- 19 motel accommodation units plus a 3-bedroom residence
- Sold as a freehold passive investment with a new 30-year lease to an established tenant
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