New Whyalla Hotel

• South Australian freehold hotel investment
• The current 10 year lease of the New Whyalla Hotel runs to 2032, plus 4 x 10 year options to 2072 – 46 years* tenure
• Current Net Income – $445,578 + GST per annum
• Double Net Lease – tenant pays all outgoings & utilities
• Fixed 3% annual rent increases, calculated from a base of market valued rent every 10 year lease period
• Tenant’s business comprising bar, food, gaming, wagering, accommodation, functions & retail liquor
• 14 x renovated motel style accommodation rooms
• Tenant holds 2am liquor licence with capacity for 900* patrons
• Tenant operates 32 gaming machines with approval for 40
• Experienced tenant with 17* years tenure and ownership of multiple hotels in South Australia
• 4,596sqm* landholding in Whyalla – high exposure corner site proximate to the Whyalla Jetty & foreshore precinct
• Located close to the Westland Shopping Centre – anchored by Woolworths, Coles, Kmart & 65+ specialty retailers
• Close to various high profile tenants including McDonalds, Hungry Jacks, KFC, Mitre 10, Caltex, ALDI & BCF
• Whyalla: South Australia’s 4th most populous city with 22,000*+ residents
• $2.4 billion* recently committed to the Whyalla Steelworks by State and Federal Governments (General information only. Interested parties should independently verify)

*Approx.

Closing

19 March, 2026 at 5PM