Take hold of a wonderful opportunity to enjoy the further growth of this Award Winner while the Mighty River Murray continues to come back to it's best...the river is flowing strong and the close by Lake Bonney is BOOMING!

The Property

• Historic Riverland hotel on the banks of the mighty Murray River
• Multi award winning character laden hotel
• Stunning grounds with Alfresco Dining, Functions & Entertainment
• SA's finest natural Beergarden
• Inner Courtyard adjoining Musuem / Gallery
• Dedicated Games / Entertainment Room
• Private Dining Rooms or boutique Public Bedrooms
• Easily operated centrally located Bar
• On site Private Accommodation

The Particulars

• Near new 5 year lease with 3 rights of renewal of 5 years each
• Year 1 Rental $17,250 + GST, Year 2 Rental $19,000 + GST, Year 3 Rental $20,750 + GST
• Annual increases at the rate of CPI (commencing Year 4)
• Market reviews upon periods of renewal by negotiation between the parties
• Lessor is the National Trust of South Australia
• 2010 FINANCIALS SHOWING AN INCREASING BOTTOM LINE...A great trader!

The Commentary

Built in 1859 by the Brand brothers, this hotel takes you back in time with its 18-inch thick walls, 10-foot ceilings, remarkable layout and workmanship. Two small rooms located at the end of the quaint dining room give you an insight as to how simple life was back in the 1800's. Huge fireplaces take prime position in both the dining room and the bar area creating the perfect atmosphere to indulge in a bottle of local wine.

For walking enthusiasts there is a walking trail which takes you past the limestone quarry where stone was removed to build the hotel, past the cemetery and up the hill to copper and ochre mines. From this point you can marvel at the spectacular view of the wetlands and Murray River and maybe catch a glimpse of a paddle steamer or houseboat navigating its way along the Murray River where once this was a thriving and bustling colony.

Method of Sale - PRIVATE TREATY (For Sale)

Check out this River Murray website featuring the Overland Corner Hotel

http://www.murrayriver.com.au/overland-corner/

Please read the OCBA Form R7. Legislation requires an Agent to provide this to Purchasers.