10 Gowrie Avenue Whyalla SA 5600

Hotel, Motel, Pub & Leisure
2,930 m²
Sold

7.5% Net Yield Anticipated | Long WALE Gaming and Hospitality Investment

+ Brand new 10 year lease to New Whyalla Hotel to 2032 plus options to 2072
+ 32 on-site licensed gaming machines and 14 hotel suites
+ Expansive 4,599sqm* corner site in the heart of Whyalla
+ Net lease - tenant pays all usual outgoings
+ Fixed 3% annual rent increases, ensuring rental growth
+ Experienced operator onsite for over 15 years with multiple hotels throughout Australia
+ Whyalla: South Australia's fourth most populous city with a population over 21,260*
+ Net Income: $420,000 pa* + GST

For Sale via Expressions of Interest closing EOI Closing Thursday 7 July if not sold prior.

*Approx.
RLA 312687

Burgess Rawson Queensland

Level 13, 241 Adelaide Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	14 Sep 2022
Floor Area	2,930 m²
Land Area	4,599 m²
Parking	Ask Agent
Property ID	2017828392
Category	Hotel, Motel, Pub & Leisure Development / Land Shop & Retail
Last updated	14 Sep 2022

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Burgess Rawson Queensland

Level 13, 241 Adelaide Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	14 Sep 2022
Floor Area	2,930 m²
Land Area	4,599 m²
Parking	Ask Agent
Property ID	2017828392
Category	Hotel, Motel, Pub & Leisure Development / Land Shop & Retail
Last updated	14 Sep 2022

Listed by

Adam Thomas

Burgess Rawson Queensland

Call

0418 998 971

More about 10 Gowrie Avenue Whyalla SA 5600

10 Gowrie Avenue Whyalla SA 5600 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 2,930 m² and a land area of 4,599 m². The listing ID for this property is 2017828392.