Paradise Hotel, 700 Lower North East Road,
Paradise, SA 5075
Hotel, Motel & Leisure
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Map of Paradise Hotel, 700 Lower North East Road
Iconic Hotel Investment
•50 year lease (5 x 10 years) to national operator – Independent Pub Group
•Guaranteed annual rental increases
•Net Income $771,261 pa approx
•Extensive facilities including gaming lounge with 33 machines, bistro, sports bar, ‘Thirsty Camel’ bottle shop motel, kitchen, amenities and more of approximately 2,046sqm
•Massive site of 8,884sqm. High exposure main road location
A strongly performing hotel investment underpinned by an enviable long term lease to INDEPENENT PUB GROUP PTY LTD
– a major national pub operator and is highly recommended.
Method of Sale
For Sale by Expressions of Interest closing at the offi ces of Colliers International, Level 10, 99 Gawler Place, Adelaide on Thursday 11 March 2010 at 4pm.
•Guaranteed annual rental increases
•Net Income $771,261 pa approx
•Extensive facilities including gaming lounge with 33 machines, bistro, sports bar, ‘Thirsty Camel’ bottle shop motel, kitchen, amenities and more of approximately 2,046sqm
•Massive site of 8,884sqm. High exposure main road location
A strongly performing hotel investment underpinned by an enviable long term lease to INDEPENENT PUB GROUP PTY LTD
– a major national pub operator and is highly recommended.
Method of Sale
For Sale by Expressions of Interest closing at the offi ces of Colliers International, Level 10, 99 Gawler Place, Adelaide on Thursday 11 March 2010 at 4pm.
Property ID: 5620301Last Updated: 5 Dec 2013
Paradise Hotel, 700 Lower North East Road
Paradise, SA 5075
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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