Sold

When Opportunity Knocks to Make Money  … Open the Door!! 

Your chance to be part of the Clean & Green movement escalating employment and lifestyle opportunities in this top of the Gulf township.

This grand Old Dame known as The Hotel Commonwealth offers the astute entrepreneur a reputable watering hole with untapped potential in the very heart of the Port Augusta CBD.     

Substantial growth opportunity exists in the traditional and well-maintained ground level gaming room, restaurant, and bar facilities, whilst a virtual ‘gold mine ’ exists in the underdeveloped second level.

This second level area currently produces zero income and would be well suited to Tourist Accommodation, Live Music & Bar, and or other entertainment facilities.  With some modification and STCC.

As the momentum rapidly increases to convert this town from Industrial to Clean and Green, grab the opportunity to secure this well-priced business and make your mark. 

Features:

  • Approx. 450 meters from the Waterfront
  • Building area approx. 400 SQM 
  • Solar Power
  • 2 Bar areas
  • Dining Room 
  • Gaming Room 
  • Rear access and parking off Grahams Lane

Follow the links to discover the ongoing and  emerging developments in the Port Augusta Area. 

https://flinderspower.com.au/news/2993/  Ports Project  

https://www.transcontinental.com.au/story/7231683/bridge-to-provide-a-boost-to-city/  Bridge project

https://www.iberdrola.com/about-us/lines-business/flagship-projects/port-augusta-project  Renewables  Wind Power Project 

https://www.abc.net.au/news/rural/2019-05-15/port-augusta-sundrop-farms-sold-to-investment-fund-morrison-co/11108046 Agribusiness - Sunlight and Seawater to grow Tomato’s. 

Leasehold hotel current turnover $10,000 per week $150,000 + stock

For further information on this opportunity, please contact:

Brian Sander 
Business Broker
Benchmark Business Sales and Valuations
M:
0418 823 248 T: 1300 366 521 E: brian@benchmarkbusiness.com.au

If you'd like to know more about the business go to our website www.benchmarkbusiness.com.au and use the reference: benchmark_74_26 to search for the business.
 

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Accommodation and Tourism, Hotel, Freehold Hotel

Listing ID: benchmark_74_26


Submit Confidentiality
Agreement

     Status
Sold

     ROI
%

     Annual Revenue

     Listing Price
L/hold hotel current T/O $10,000pw $150,000+SAV

     Location
PORT AUGUSTA SA

     Industry
Motel

     Earning Type

     Years Trading

     Stock Level

     Reference Number
benchmark_74_26





Brian Sander

Business Broker

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