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Burgess Rawson - Brisbane

10 Gowrie Avenue Whyalla, SA 5600

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10 Gowrie Avenue,
Whyalla, SA 5600

Hotel, Motel & Leisure • Shops & Retail • Development Sites & Land

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Burgess Rawson - Brisbane
Andrew Havig
Adam Thomas

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
10 Gowrie Avenue
Whyalla, SA 5600

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

  • Experienced long term hotel operator
  • 32 on-site licensed gaming machines
  • Fixed 3% annual rent increases
+ 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

Property ID: 504078739Last Updated: 1 Mar 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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