Portside Tavern

96 Ellen Street Port Pirie SA

Freehold Investment

For sale by private treaty. Asking Price on application.

Portside Tavern

An opportunity to secure superb Freehold investment located in an economically sound provincial city with positive growth prospects.

Sale by Agent: John Langford | Langfords Hotel Brokers

 

Freehold Investment - For Sale

  • Positioned in the heart of the CBD
  • 32 gaming machines
  • Substantial food & Beverage operation
  • Successful Primo restaurant Franchise
  • 360 capacity first floor function room/nightclub
  • Excellent presentation in all respects

With a long term incumbent lessee in place and the offer of an initial investment yield of between 8.5% and 8.75% on net annual rental the subject Tavern would suit the most discerning investor.
Port Pirie is indeed a provincial city on the move with anticipated strong economic growth anticipated over the next 30 plus years due to the estimated half billion dollar Nyrstar smelter upgrade.

 view the floor plan

Website: www.portsidetavern.com.au
Facebook: www.facebook.com/theportsidetavern

 

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