153-163 Deakin Avenue, Mildura, Victoria
Kar-Rama Hotel
EOI: Closing at 4pm on Thursday, 16 October 2025.
Business Description
• Rare opportunity to acquire a premium accommodation investment managed by a national hotel operator on a long-term lease.
• Direct flights from Melbourne and Sydney
• Mildura is the economic and administrative centre for Sunraysia, a major agricultural and mining hub on the bank of the Murray River.
• Significant landholding of 2,857m2 in the heart of Mildura's commercial precinct.
• Favourable Commercial 1 zoning providing strong long-term land value.
• 34 rooms across two levels and three buildings
• Leased to an operator on $600,000 per annum excluding GST for the year ending 30 June 2026
• Boutique hotels in regional areas have seen a rapid rise in occupancy and revenue, with heightened institutional interest in luxury accommodation in rural centres.
• Diversified space with spaces for a spa centre and private dining.
• Mildura's tourism industry has seen significant investment in expanding the cities formidable athletics and events-based visitor economy.
Business Summary
Key Investment Insights
1. Rare opportunity to acquire a premium accommodation investment managed by a national hotel operator on a long-term lease.
2. Direct flights from Melbourne and Sydney, providing easy access for guests.
3. Mildura is the economic and administrative centre for Sunraysia, a major agricultural and mining hub on the bank of the Murray River.
4. Significant landholding of 2,857m2 in the heart of Mildura's commercial precinct, providing potential for future development.
5. Favourable Commercial 1 zoning providing strong long-term land value.
6. 34 rooms across two levels and three buildings, offering a variety of accommodation options.
7. Leased to an operator on $600,000 per annum excluding GST for the year ending 30 June 2026, providing a stable and consistent income stream.
8. Boutique hotels in regional areas have seen a rapid rise in occupancy and revenue, indicating a strong demand for luxury accommodation in rural centres.
9. Diversified space with spaces for a spa centre and private dining, providing additional revenue opportunities.
10. Mildura's tourism industry has seen significant investment in expanding the cities formidable athletics and events-based visitor economy, indicating a growing tourism market.
