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North Star Hotel Lease Stunning Hotel Tourist Town For Sale

Melrose, South Australia, Australia
Asking Price:
$350,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a destination property. The hotel is an stunning 2 story stone building located in the main street of the beautiful Flinders Ranges town of Melrose. The hotel is the oldest licensed hotel in the Flinders Ranges. The hotel has been lovingly restored and extended. It provides superior accommodation, beautiful dining rooms overlooking the stunning Mount Remarkable and beautiful countryside, large rustic bar with a real “Wow” factor, excellent range of public accommodation from deluxe rooms to “the cottage” to the quirky trucks, large commercial kitchen with excellent storage and cold & freezer rooms, managers and chef’s accommodation.

Melrose is a strong tourist town. The town appeals to many visitors – the family camping holiday, cyclists, bushwalkers, history buffs, birdwatchers, 4WD enthusiasts, fitness camps and a base for day trips to surrounding areas such as Wilpena Pound, National Parks and Quorn. Only 260km north of Adelaide, the town is full of heritage buildings and museums. Many bushwalks and cycling tracks emanate from the town. Tourist facilities are available and many events held.

Melrose is a noted area for Bike riders. Millions of dollars have been spent in the area to develop man extensive array of bike tracks to Wirrabara, Booleroo and Wilmington and over 100km of mountain bike tracks of all levels of ability from Beginner to advanced standard all accessible from the town centre. Thousands of bike riders and families are attracted to Melrose every year.

Property Information

Real Estate:

Lease

Location:

43 Nott Street Melrose SA 5483

Business Operation

Reasons for selling:

Owner retiring

Other Information

Inventory / Stock value:
$35,000 (AUD)