The Freehold Interest in metropolitan Adelaide’s the Links Hotel has been taken to market, representing yet another significantly underpinned investment opportunity within South Australia’s buoyant hotel market. This exceptional hospitality asset is offered with a long term, triple net lease to Australia’s largest hotel and retail operator ALH Group, a subsidiary of ASX-listed Endeavour Group, which operate over 350 licensed venues across the country, and offered exclusively for sale by JLL’s Will Connolly and Ben Parkinson.

Will Connolly, Senior Vice President, JLL Hotels & Hospitality Group, indicates that “the Links Hotel will appeal to a deep pool of investors, given the market now recognises that hotel investments are arguably the retail asset class of choice nationally, with their historically proven underlying tenancy businesses and uniquely valuable licence and gaming approvals perpetually attached to the properties. Interest will be particularly heightened in the case with the Links Hotel, with its triple net lease to a nationally recognised tenant together with compelling CPI annual rental increases”.

Occupying a significant landholding of 13,780sqm within the heart of Seaton, less than 10kms west of Adelaide’s CBD, the Links Hotel provides investors with an annual net income of $622,156 with long term security by way of over 13 years remaining on the current term, followed by five further terms of 1 x 15-year and 4 x 10-year options.

Ben Parkinson, Managing Director of JLL’s South Australia office, expects the asset to be aggressively competed for on market. “It is rare to find such an exceptional investment opportunity in South Australia on as generous a land parcel as the Links Hotel.

“The defensive nature of investments with ASX-listed covenants such as the Endeavour Group have proven time and time again in the Adelaide market to exceed expectations.

“A land-rich asset with guaranteed income growth will attract investor interest from local and international private family investment houses, funds and institutions”, commented Parkinson.

To request a copy of the Information Memorandum please contact one of the marketing agents JLL’s Will Connolly and Ben Parkinson, via the contact details below.