Share this property

realcommercial.com.au
JLL - Adelaide

10 Cowan Street, Gawler, 10 Cowan Street Gawler, SA 5118

Directions

10 Cowan Street, Gawler, 10 Cowan Street,
Gawler, SA 5118

Hotel, Motel & Leisure • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

JLL - Adelaide

JLL - Adelaide

25 Grenfell Street
ADELAIDE, SA 5000
08 8233 88...
JLL - Adelaide
10 Cowan Street, Gawler, 10 Cowan Street
Gawler, SA 5118

Map of 10 Cowan Street, Gawler, 10 Cowan Street

Directions

The Old Bushman Hotel

  • Beautiful two storey heritage building
  • 4 + 4 year lease from July 2022
  • Current net income of $118,610* pa
JLL is pleased to present the freehold of the ‘Old Bushman Hotel’, 10 Cowan Street, Gawler For Sale by Expression of Interest.
 
Dominating Cowan Street, the hotel comprises a beautiful two storey building with large bitumen sealed car park situated on a corner site of some 1,946* sqm.
 
Enjoying access from Cowan Street and Light Square, the property is superbly located in easy walking distance of Gawler’s main street, the Woolworths’ shopping centre, and nearby Coles anchored Gawler Central Shopping Centre.
 
Securely leased to a long-term tenant the lease has recently been renewed for a further 4 years commencing July 2022 with an additional 4-year option.

We highlight the key property features below:
 
·         4 + 4 year lease from July 2022
·         Current net income of $118,610* pa
·         Corner site of 1,946sqm*
·         16 gaming machine entitlements
·         Adjoining new medical centre under construction
 
This is a unique opportunity for investors seeking the security of a relatively long-term net lease near the Barossa Valley and Adelaide CBD via the new Northern Expressway.
 
The property is offered For Sale by Expression of Interest closing Thursday 16 June 2022 at 4pm.

For more information or to arrange an inspection, please contact exclusive selling agent JLL.
 
*Approx

Property ID: 504070483Last Updated: 12 Aug 2022

JLL - Adelaide
25 Grenfell Street
ADELAIDE, SA 5000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.