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Commonwealth Hotel Port Augusta Freehold Business Or Lease For Sale

Port Augusta, South Australia
Freehold Price:
$1,400,000 (AUD) Furniture / Fixtures included
Lease Asking Price:
$395,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a rare opportunity to purchase a strong trading, significant provincial city hotel, in a strongly growing area.

The Commonwealth Hotel is a strong trading profitable hotel in the main street of Port Augusta.
This is a rare opportunity to purchase this significant hotel it having been in the same ownership for over 20 years. This is a beautiful property. Tastefully upgraded and with superior presentation, the hotel has an appealing main bar, attractive dining room, 21 well performing gaming machines, beer garden, pool room and extensive private accommodation. This is an excellent property.

Port Augusta is the main provincial city in the north of SA. Being the major city for north of the state it hosts all the infrastructure expected to support a major area including banks, shopping, accommodation, Flying Doctor base, schools etc. It is at the cross roads of Australia having a strong transport element with tourists, travelers and freight heading north, east-west and to the nearby large mining centres. The city is continually growing and developing, and this hotel is a chance to get into this strong market. Located in the main street of the city, this hotel deserves your attention.

Property information

Real Estate:

Available as lease or with real property included

Location:

Commercial Street, Port Augusta, South Australia

Business Operation

Reasons for selling:

Retiring

Other Information

Inventory / Stock value:
$35,000 (AUD)
Lease asking price:
$395,000 (AUD) - Furniture / Fixtures included

Contact Information

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