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2 Makin Street Keith, SA 5267

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2 Makin Street,
Keith, SA 5267

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Keith Hotel Motel - Outstanding Hotel Freehold Investment

McGees Property is pleased to offer for sale the Freehold investment of the Keith Hotel Motel. This is the first time in over 50 years this outstanding hotel has been offered to the market.

The Keith Hotel Motel is the only hotel in this very popular rural and tourism township. The Hotel offers excellent street appeal in the centre of town and other features include:

- Well maintained single storey hotel
- Prominent location in the township
- Site area of 7,082 square metres*
- Net rental $262,189 p.a.* plus GST
- Long term lease in place - excellent tenant/operator

The excellent hotel facilities include:
- 20 Gaming Machines
- Main bar and drive thru bottle shop
- Outdoor smoking and dining facilities
- 18 motel rooms and 10 pub-style hotel rooms
- On site and street parking
- Commercial kitchen, coolrooms and grease trap
- A large 2 storey separate residence
- Further development land opportunity
- Ideal SMSF investment
- Located only 225 kms* south of Adelaide the property represents an outstanding return of 9.5%

Rarely to Hotel Freehold investments of this quality come onto the market in the tightly held south east region.

(* approx.)

Property ID: 503361314Last Updated: 16 Apr 2021

04148061...
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2 Makin Street
Keith, SA 5267
McGees Property - Adelaide (RLA 1722)
Level 10/60 Waymouth Street
ADELAIDE, SA 5000
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