Karoonda Hotel

The town of Karoonda is located on the Karoonda Highway in the heart of the Mallee region 44 kms from Murray Bridge. It has a local population of some 500 residents (2016 census).

Sale by Agent: John Langford | Langfords Hotel Brokers

 Re-presented For Sale Due to Discontinued Buyer Activity.

Freehold & Business For Sale under a million dollars plus stock at valuation. 5 valuable gaming entitlements included.

Overview

The Karoonda hotel is single storey and is therefore low in maintenance. Being the only hotel in the town it is well patronized by the ‘locals’ and occasional travellers to and from the Riverland.

Karoonda has several events during the year and is surrounded by conservation and national parks and is an RV friendly town. The town has a number of visitor attractions including the fantastic silos art.

The hotel licence allows for a maximum capacity of 325 customers and the hotel operates 5 gaming machines. It has one long bar with a walk in bottled shop and a character dining room for customer meals.

The Hotel is labour efficient in design and is easily operated. It is perfectly suited to 1 or 2 couples, a family or a sole trader as a hands on publican/s.

It is felt that the Karoonda hotel is ideally suited to a first time buyer couple, family or sole trader.

Former hotel experience is not essential to purchase the Freehold and Business of the Karoonda Hotel as our vendor will provide plenty of training prior to settlement.

Facebook: https://www.facebook.com/karoondahotelandstay/

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