Savills list Port Adelaide's Portland Hotel
Port Adelaide's iconic Portland Hotel premises has been listed for sale for the first time in over a decade.
The Commercial Road property last sold in 2006 when it fetched $2.3 million, $300,000 up from its $2 million trade just two years earlier.
The Portland Hotel was established in 1886.
The ground floor comprises a sports bar with pool table, a bistro lounge, TAB, alfresco area and a gaming lounge with 33 machines. It is serviced by the main kitchen.
Upstairs there are 14 bedrooms, a communal kitchen and an office.
Savills agents Rob Williamson and Steve Bobridge are marketed the freehold corner property with a long term lease 5+5+5+5+5+5 years
It has a current net rental of $235,000 per annum with a building area of 1,155 sqm.