77 Murray StreetGawler SA 5118
Property Details for 77 Murray St, Gawler
Last Listing description (October 2023)
Completely rebuilt and refurbished 7 years ago the leasehold and business of the Golden Fleece Hotel is being offered for sale with an asking price of $2,300,000.
A 50 year lease (5x10 years) is available from settlement at a starting rental of $287,727 per annum plus GST and outgoings (main hotel and Pizza Baa shop).
This outstanding hotel has been completely upgraded and refurbished throughout to provide all facilities required for a modern hotel. Features include:
- Outstanding main street presence
- Modern indoor/outdoor food and beverage facilities
- Approved for 30 gaming machines with 20 currently operating
- Easily operated hotel with single bar servicing whole operation
- Adjacent multi-storey car park access with lift
- All plant and equipment less than 7 years old
- Very profitable operation
- Under management since 2014
- Potential upstairs function space
There is not a cent to spend on this hotel. Take advantage of this outstanding offering that is experiencing an uplift in this well known region of Gawler located only 40 minutes* from Adelaide's CBD.
For further details regarding the Leasehold & Business of the Golden Fleece Hotel, Gawler or to arrange an inspection contact Grant Clarke of McGees Property (RLA 1722).
(* approx)
Property History for 77 Murray St, Gawler, SA 5118
- 17 Feb 2022Listed for Sale Golden Fleece Hotel-Leasehold & Business
- 16 Nov 2016Listed for Rent $1,750 / month
- 22 Aug 2016Listed for Sale Reduced price on application!
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About Gawler 5118
The size of Gawler is approximately 1.1 square kilometres. It has 12 parks covering nearly 36.7% of total area. The population of Gawler in 2011 was 688 people. By 2016 the population was 661 showing a population decline of 3.9% in the area during that time. The predominant age group in Gawler is 50-59 years. Households in Gawler are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gawler work in a professional occupation. In 2011, 53.5% of the homes in Gawler were owner-occupied compared with 54.1% in 2016.
Gawler has 579 properties. Over the last 5 years, Houses in Gawler have seen a 96.35% increase in median value, while Units have seen a 118.08% increase. As at 30 September 2024:
- The median value for Houses in Gawler is $561,120 while the median value for Units is $435,043.
- Houses have a median rent of $313 while Units have a median rent of $248.
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