Absolute prime position on East Rundle Street, Adelaide’s busiest entertainment precinct.
Sold by Agent: John Langford | Langfords Hotel Brokers
The Hotel comprises:
The blue chip location of the Austral Hotel Adelaide speaks for itself, being positioned on busy Rundle Street East with significant foot traffic each day. The hotel offers live band entertainment on Friday nights and Sunday afternoons which attracts dedicated followers.
Adelaide City hosts many major events bringing National and International visitors. These include the Adelaide 500 Supercar Race, Womadelaide Music Festival, Tour Down Under Cycling Race and the Adelaide Fringe Festival, all of which are right outside the hotel’s doors. The nearby Adelaide Oval also hosts Live Performances, International Cricket and very popular AFL games.
Our Vendor has owned and operated the hotel (Leasehold & Business) with the assistance of staff for some 11 years. A rare and exciting opportunity now presents for a discerning buyer as the next Lessee to take advantage of the hotels impressive trade history due to its brilliant position on one of Adelaide’s busiest entertainment strips.