The Griffins Hotel, 34-40 Hindmarsh Square, Adelaide SA 5000

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About the Listing

Sale or Lease For Sale
Authority Sale by Negotiation
Primary Listing Agent Romualdo Cicchiello

Tenancy Details

  • Tenancy
    Tenanted Investment
  • Net Income Per Annum
    $419,448
  • Current Occupancy Rate
    Fully occupied
  • Current Number of Tenants
    1
  • Tenant Details
    Griffins Head Hotel Pty Ltd

Sale Details

  • Sale Price Range
    Price On Application

Lease Details

  • Rental PA
    $419,448
  • PSM/PA
    $292.00
  • GST
    Exclusive
  • Current Lease Expiry
    31 March 2027
  • Lease Term
    5 Years
  • Annual Review
    CPI

Unparalleled & Iconic Hotel in the Heart of the Adelaide CBD

  • Iconic corner location
  • Stone’s throw from Rundle Mall
  • Enormous development upside

Locally referred to as “The Griffins”, the pub is part of the lifeblood of the Adelaide CBD, with notable local landmarks such as Rymill Park, the Art Gallery of South Australia, the University of South Australia, Adelaide Town Hall, & Victoria Square & Rundle Mall all within walking distance.

For potential buyers looking to purchase a passive asset, the current tenancy pays a handsome $419,448 per annum. Further opportunity for growth in rental return rests with taking advantage of existing generous height limit and development of further lettable space. Land value alone will only increase due to its proximity to the burgeoning CBD.

Being offered for sale by Private Treaty

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