Main Street, WAROOKA SA 5577
Reduced Asking Price $495,000 plus S.A.V.
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- 24 Feb 2017
Warooka Hotel Motel (Business Only)
We are pleased to offer for sale this extremely well performing hotel business sited in the Lower Yorke Peninsula at the gateway to the Innes National Park. The hotel has been recently refurbished with features including:-
* Front bar with TAB & Lotteries
* Saloon bar
* Expansive dining room & bar
* Gaming room with 15 machines
* Beer garden
* Walk in bottle shop
* 7 motel units
* Well presented manager’s quarters
* Substantial shedding
The owners have installed a large solar panel system which has more than halved their energy costs.
Hotel trade is substantial across all departments and the financials demonstrate an impressive return to the owner operator.
A new long lease is available and inspection is highly recommended.
This is an offering that stands out from the crowd!
The freehold land and buildings are also available!
For further detail please contact:-
Steele & Associates Hotel Brokers
243 Carrington Street, Adelaide SA 5000
Ph (08) 8232 1566
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Main Street WAROOKA