Hotel Victor

Waterfront hotel opportunity with development upside

JLL Hotels & Hospitality Group is delighted to present to market the Freehold Going Concern opportunity of the Hotel Victor, prominently located in the heart of the popular seaside town of Victor Harbor, just an hour’s drive south of the Adelaide CBD.

Presented for sale by long-term family owners of 30 years, the Hotel Victor provides one of the best accommodation & hospitality opportunities to come the South Australian market.

Investment highlights include:

• 3.5 star hotel featuring 33 guest rooms (all en-suited), large public bar, restaurant/bistro, gaming lounge, conference/function facilities, on-site car parking and separate 3-lane/drive-through bottle shop (‘SipnSave’ branded)
• 34 gaming machines (permit for 40)
• Prime corner site in in the heart of the gorgeous Victor Harbor, offering spectacular ocean views
• Significant combined site area of 4,490sqm* (Hotel 3,087sqm*; Bottle Shop 1,403sqm*)
• Future high-rise mixed use development site (STCA) with favourable zoning controls
• Consistent trading history demonstrating security and stability of hotel operation
• Multiple holding income options - operate, place under management, sell a lease and collect rent and/or develop in the future
• Excellent underlying fundamentals with further development potential (STCA)
• Late 2:00am trading licence

*Approx.

Don’t miss out on this exciting opportunity to secure a wonderful accommodation and hospitality offering in a tightly held location.

For sale by Expressions of Interest closing 4:00pm (AEST) Thursday 3 October