Paringa Hotel, 2 Murtho Road,
Paringa, SA 5340
Hotel, Motel & Leisure
Price information
Sale
INV $4,000,000
Key property information
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map of Paringa Hotel, 2 Murtho Road
Paringa Hotel Motel - 1P5877
This sought after gaming hotel investment opportunity is available for the first time in almost 40 years. The single storey hotel is the only hotel in town and perfectly located just off the Sturt Highway and a short walk to the iconic banks of the Murray River.
Paringa Hotel Motel sits on 2 x Titles for the hotel and motel, combined land area of 5,019 m2 Commercial 1 zoned and a separate Title for the vacant land of 1,442 m2 to potentially expand the current accommodation or function centre etc.
The hotel features a large dining area with a fully equipped commercial kitchen, 18 x machine gaming room, public bar with TAB & Keno, plus a rear beer garden, drive thru bottle shop and a separate 19 x motel units accommodation. The residence provides a spacious 3 bedrooms, kitchen, 2 bathrooms, office and enclosed rear yard.
Now offering the Freehold Passive Investment for sale with a 6% return, a long new 30 year lease with an established tenant, market rent and potential rear further development (STCA).
Please enquire today as this opportunity won't last.
Paringa Hotel Motel sits on 2 x Titles for the hotel and motel, combined land area of 5,019 m2 Commercial 1 zoned and a separate Title for the vacant land of 1,442 m2 to potentially expand the current accommodation or function centre etc.
The hotel features a large dining area with a fully equipped commercial kitchen, 18 x machine gaming room, public bar with TAB & Keno, plus a rear beer garden, drive thru bottle shop and a separate 19 x motel units accommodation. The residence provides a spacious 3 bedrooms, kitchen, 2 bathrooms, office and enclosed rear yard.
Now offering the Freehold Passive Investment for sale with a 6% return, a long new 30 year lease with an established tenant, market rent and potential rear further development (STCA).
Please enquire today as this opportunity won't last.
Additional information
External websites
Property ID: 504427968Last Updated: 16 Apr 2024
04040271...
Paringa Hotel, 2 Murtho Road
Paringa, SA 5340
CRE Brokers - AustraliaUnit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
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