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Keith Hotel Motel Lease For Sale

Keith, South Australia, Australia
Asking Price:
$1,200,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Rarely does a major provincial hotel-motel lease of this size come onto the market.

Keith is a large agricultural and service town located 255km from Adelaide on the main Melbourne Highway and 200km north of Mt Gambier via the Padthaway and Coonawarra wine regions. Keith is known as the Lucerne capital of the world and is a prosperous livestock and cereal growing area.

The town has a population of 1355 and services the township, the surrounding farming area and travellers on the highway. It is a thriving town supporting many small businesses including bakeries and cafes, 4 service stations, hardware and stock agent businesses, hairdressers, ANZ bank, R-12 Area School and has its own football club.

The hotel-motel is a very profitable business run under management. It comprises a large front bar and even larger sidebar, drive-thru bottle-shop, large dining room and excellent beer garden, commercial kitchen and laundry, 20 gaming machines, 18 motel and 8 ensuite hotel rooms, and managers housing all on a large area of land.

Property Information

Real Estate:

Lease

Location:

2 Makin Street, Keith, South Australia, 5267

Business Operation

Competition / Market:

nil

Other Information

Inventory / Stock value:
$200,000 (AUD)