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1 Albert Place Victor Harbor SA 5211

  • Hotel / Leisure
  • 4,490 m²
  • For Sale, Contact Agent

Waterfront hotel opportunity with development upside

  • Freehold going concern
  • 33 rooms, 4,490sqm site
  • 34 EGMs (approval for 40)

JLL Hotels & Hospitality Group is delighted to present to market the Freehold Going Concern opportunity of the Hotel Victor, prominently located in the heart of the popular seaside town of Victor Harbor, just an hours drive south of the Adelaide CBD.

Presented for sale by long-term family owners of 30 years, the Hotel Victor provides one of the best accommodation & hospitality opportunities to come the South Australian market.

Investment highlights include:

3.5 star hotel featuring 33 guest rooms (all en-suited), large public bar, restaurant/bistro, gaming lounge, conference/function facilities, on-site car parking and separate 3-lane/drive-through bottle shop (SipnSave branded)
34 gaming machines (permit for 40)
Prime corner site in in the heart of the gorgeous Victor Harbor, offering spectacular ocean views
Significant combined site area of 4,490sqm* (Hotel 3,087sqm*; Bottle Shop 1,403sqm*)
Future high-rise mixed use development site (STCA) with favourable zoning controls
Consistent trading history demonstrating security and stability of hotel operation
Multiple holding income options - operate, place under management, sell a lease and collect rent and/or develop in the future
Excellent underlying fundamentals with further development potential (STCA)
Late 2:00am trading licence

*Approx.

Dont miss out on this exciting opportunity to secure a wonderful accommodation and hospitality offering in a tightly held location.

For sale by Expressions of Interest closing 4:00pm (AEST) Thursday 3 October

Property Highlights

Property ID2015610429
Floor Area4,490 m²
Land Area4,490 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  3 Sep 2019
Map for 1 Albert Place Victor Harbor SA 5211
JLL - Hotels & Hospitality Group
Level 25, 420 George Street Sydney NSW 2000

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