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McGees Property - Adelaide (RLA 1722)

Union Hotel, 70 Waymouth Street Adelaide, SA 5000

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Union Hotel, 70 Waymouth Street,
Adelaide, SA 5000

Hotel, Motel & Leisure

Key property information

Land area

Floor area

Tenure type

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McGees Property - Adelaide (RLA 1722)
Grant Clarke

McGees Property - Adelaide (RLA 1722)

Level 10/60 Waymouth Street
ADELAIDE, SA 5000
04148061...
McGees Property - Adelaide (RLA 1722)
Union Hotel, 70 Waymouth Street
Adelaide, SA 5000

Map of Union Hotel, 70 Waymouth Street

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Union Hotel - Outstanding CBD Hotel Investment Opportunity

This iconic CBD hotel, the tenanted investment of the Union Hotel, 70 Waymouth Street, Adelaide, is being offered for sale by Private Treaty.

Probably the best presented hotel in the Adelaide CBD, the Union Hotel has an outstanding reputation for quality food, gaming and beverage offerings.

Major features include:
- 30 year lease in place (10+5+5+5+5) commenced 7 February 2022
- Modern upgraded refurbishment throughout
- 15 Gaming entitlements
- Site area of 476 sqm*
- Commencing rental $225,000 p.a. plus GST and outgoings (except Land Tax)
- Zoned Capital City
- Tightly held Waymouth Street precinct

For sale with an asking price of $4,550,000.

Rarely do hotel investments of this quality come to the market. We highly recommend this outstanding investment.

For further details regarding the tenanted investment of the Union Hotel, 70 Waymouth Street, Adelaide, contact Grant Clarke of McGees Property (RLA 1722).

(* approx)

Additional information

Adelaide, 5000 demographic data

18,202
Population
$1,365 per week
Median household income
31 years
Median age
Renters
Most residents
Singles
Most households
McGees Property - Adelaide (RLA 1722)
Level 10/60 Waymouth Street
ADELAIDE, SA 5000

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