Rarely does a complete hospitality offering in an iconic tourist destination hit the market.
The Seafront Group comprises the Kangaroo Island Seafront (Freehold & Business) and the Penneshaw Hotel (Business) and represents a truly unique opportunity to purchase two extremely well performing businesses and a landmark property with further development potential.
Kangaroo Island Seafront
(Freehold & Business WIWO)
- Majestic seafront location a short distance from Sealink’s Ferry Terminal
- Comprised of 6 titles totaling approx. 4,800m2
- 28 four star luxury rooms, suites & private villa accommodation
- Restaurant & alfresco area
- Conference facilities
- Tropically themed grounds with pool & spa
- Mini golf course
- Optional 2 bedroom manager’s house
- K.I. Seafront website
(Leasehold & Business)
- Located only a short walk from the KI Seafront
- Character hotel with absolute clifftop views across the water
- Fully serviced single bar
- Large character dining room
- Extensive beer garden & alfresco area overlooking the water
- 8 machine gaming room
- Walk in bottleshop
- Long lease remaining
- Penneshaw Hotel website
Both businesses are extremely well performing and together form an imposing trading block in this magnificent location.