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Exceptional high-end leasehold opportunity in Port Pirieâs CBD. | Resort Brokers ID : LH008935
$1,100,000 + SAV
Motel (Leasehold) hospitality, PORT PIRIE SA
ResortBrokers presents to market the leasehold of The Ellen Hotel, an exceptional modern accommodation asset in the heart of Port Piries CBD. Offering 24 years remaining on the lease, this high-quality business provides long-term security for the incoming operator.
Opened in 2016, The Ellen Hotel features 19 beautifully appointed rooms and an acclaimed on-site restaurant, bar, and lounge, operating 6 nights a week and for breakfast and lunch 4 days a week.
Centrally positioned within a thriving regional hub, the property attracts both corporate and leisure clientele and boasts a strong trading history, accompanied by outstanding guest reviews. A turnkey operation ideal for an experienced, hands-on operator seeking a contemporary, high-performing accommodation business.
- 24 years remaining on the lease
- Strong and consistent occupancy YTD 69.4%
- High tariffs, premium accommodation offering
- Quality 40-seat restaurant, fully staffed
- High-end accommodation offering luxury finishes throughout
- Ideal business for hands-on owner-operators
- Inspections are strictly by appointment only
Date updated: 27 Oct 2025 22:00:01
More Information
- Total Purchase Price: $1,100,000 + SAV
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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