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 with a final expiry date in 2072 (if all options are exercised by the tenant)
• Current Net Income – $458,945.34 ex GST will be charged (as of 1 March 2026), increasing to $472,713.70 ex GST from 1 June 2026
• Double net lease – tenant pays outgoings and utilities and has certain repair and maintenance obligations
• 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 motel style accommodation rooms
• Tenant holds 2am liquor licence with capacity for 900* patrons
• Tenant operates 32 gaming machines with approval for 40
• 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.