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10 Gowrie Avenue, WHYALLA, SA, 5600

2. Property Highlights

7.5% Net Yield Anticipated | Long WALE Gaming and Hospitality Investment
  • Experienced long term hotel operator
  • 32 on-site licensed gaming machines
  • Fixed 3% annual rent increases

+ Brand new 10 year lease to New Whyalla Hotel to 2032 plus options to 2072

+ 32 on-site licensed gaming machines and 14 hotel suites

+ Expansive 4,599sqm* corner site in the heart of Whyalla

+ Net lease - tenant pays all usual outgoings

+ Fixed 3% annual rent increases, ensuring rental growth

+ Experienced operator onsite for over 15 years with multiple hotels throughout Australia

+ Whyalla: South Australia’s fourth most populous city with a population over 21,260*

+ Net Income: $420,000 pa* + GST

For Sale via Expressions of Interest closing EOI Closing Thursday 7 July if not sold prior.

*Approx.

RLA 312687

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3. Property Location

10 Gowrie Avenue, WHYALLA, SA, 5600

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4. Due Diligence

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