overview

  • 1P1968
  • Development
  • Sold
  • 3660 sqm
  • 8395 sqm

Description

Prominent Beachside Redevelopment Site with Mature & Substantial Cash Flow Business - Watermark Glenelg
- 8,395 square metres (approx) of prime development land
- High density residential zone - potential for up to 12 storeys
- Outstanding hotel business on massive freehold site
- Situated in Adelaide's premium beachside precinct
- Includes substantial established hotel business, 40 gaming machines
- Hotel site since 1848 and completely rebuilt in 2000
- 10 kilometres (approx) from the Adelaide CBD
- 7 kilometres (approx) to the Adelaide Airport

This substantial South Australian Hotel and development opportunity is for sale at $26 Million plus SAV.

Inspections strictly by appointment with the selling agents only.

Enquiry Form