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Paringa Hotel, 2 Murtho Road Paringa, SA 5340

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Paringa Hotel, 2 Murtho Road,
Paringa, SA 5340

Hotel, Motel & Leisure

Price information

Sale

INV $4,000,000

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Map of Paringa Hotel, 2 Murtho Road

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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.

Additional information

Property ID: 504427968Last Updated: 16 Apr 2024

04040271...
realcommercial.com.au logo
Paringa Hotel, 2 Murtho Road
Paringa, SA 5340
CRE Brokers - Australia
Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
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