Port Pirie SA 5540

Hotel, Motel, Pub & Leisure
Sold

Luxury 19 room regional hotel, showing 36.2% return. | Resort Brokers ID : LH007069

A long term 27-year lease and showing 36.2% return, this high-end regional hotel is only 5.5 years old. Built with luxury in mind, the Ellen Hotel opened its doors in July 2016. This ultra-modern 19 room accommodation and restaurant has shown strong post covid recovery and is well placed for owner-operators to enjoy the surge in the regional accommodation market.

- Long term 27-year lease
- Showing 36.2% return
- High-end accommodation, nothing like it in the region
- Perfect for owner-operators
- 40 Pax restaurant, however, is licensed for 70
- Solid forward bookings for 2022
- Post-COVID recovery has been strong
- Opened mid-2016, only 5.5 years young
- Turn over in excess of $1m
- Inspections are by appointment only

ResortBrokers®

362 Montague Rd

West End, QLD 4101

Property Highlights

Date Sold	15 Jun 2022
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018512475
Category	Hotel, Motel, Pub & Leisure
Last updated	4 May 2023

Map for Port Pirie SA 5540

The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

ResortBrokers®

362 Montague Rd

West End, QLD 4101

Property Highlights

Date Sold	15 Jun 2022
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018512475
Category	Hotel, Motel, Pub & Leisure
Last updated	4 May 2023

Listed by

Kelli Crouch, 312872 RLA

ResortBrokers®

Call

0410441750

More about Port Pirie SA 5540

Port Pirie SA 5540 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018512475.