Maitland Hotel South Australia Freehold Investment For Sale

Hotels are an excellent investment, and this is a good, strong trading hotel in a strong commercial town on the popular Yorke Peninsula of South Australia. This hotel has a long commercial lease in place with an excellent experienced tenant. The property shows a good rental history. The hotel is a well-rounded business in a strong commercial farming town with much growth potential from the surrounding mines already in development. The hotel is located on a huge area of land in the main street of the town with much room to develop more accommodation streams.
The commencing rental return to the investor is over 8% with CPI increases annually. The tenant pays all outgoings and in South Australia sale of commercial property does not attract stamp duty charges.
The Maitland Hotel is a significant, profitable Yorke Peninsula hotel, located in the main street of Maitland in central Yorke Peninsula. Maitland has a population of over 1,300 people and is a service centre for the surrounding fertile farming area, the new mines and smaller towns, tourist and holidaymakers at the nearby seaside areas, travelers going north to Moonta/Wallaroo and south to Minlaton and southern towns and fishing areas. Maitland has a hospital, bank, shopping, R-12 school, private primary school and many sporting clubs and facilities.
The Maitland Hotel is a well-presented two-story hotel in the main shopping area. It is easily run from the central bar area ensuring low-wage requirements. The hotel has a main bar, beer garden, large attractive dining room, and gaming area containing 10 modern machines. The hotel has good standard public accommodation of 10 rooms and private secure manager’s area. The hotel sits on a large landholding with room for future expansion.