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DealProspect/Listings/Hospitality & Tourism

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