Port Pirie, South Australia

Luxury 19 room regional hotel, showing 36.2% return. | Resort Brokers ID : LH007069

799,000

Property Description

A long term 27-year lease and showing 36.2% return, this high-end regional hotel is only 5.5 years old. Built with luxury in mind, the Ellen Hotel opened its doors in July 2016. This ultra-modern 19 room accommodation and restaurant has shown strong post covid recovery and is well placed for owner-operators to enjoy the surge in the regional accommodation market.



  • Long term 27-year lease

  • Showing 36.2% return

  • High-end accommodation, nothing like it in the region

  • Perfect for owner-operators

  • 40 Pax restaurant, however, is licensed for 70

  • Solid forward bookings for 2022

  • Post-COVID recovery has been strong

  • Opened mid-2016, only 5.5 years young

  • Turn over in excess of $1m

  • Inspections are by appointment only

Date updated: 22 May 2022 23:00:11

Property Summary

Business Snapshot

Price: 799,000 Net Profit: $312,002

Motel Information

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