Asking Price $850,000. Current Net of GST Rental $72,000 = 8.4 % initial yield

It is rare indeed that a Freehold Investment hotel located on Yorke Peninsula becomes available for purchase.

Located on the Yorke Peninsula some 168 Kilometres from the Adelaide CBD. The township of Maitland is on the crossroad between Moonta and Minlaton and has a local population of some 1300 residence (2021 census).

The coastal towns of Pt Victoria and Ardrossan are each within 25 kilometres of Maitland.

The township has a hospital, medical centre, aged care home, fire brigade, police station area school and a private school.

The hotel is double storey and its exterior is visually appealing. 

The interior comprises a bar, beer garden, gaming room with 10 machines, dining room, guests’ bedrooms and off-street carpark.

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In addition, there is a commercial kitchen and an owners/manager accommodation.

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For further information please contact the Agents in conjunction:

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Glen Shipway
Shipway Hotel Motel Brokers
gshipway@gmail.com
Ph: 0417 801 659

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John Langford

Langford Hotel Brokers

info@langfordshotelbrokers.com.au

Ph: 0410 605 224