Paradise Hotel, Paradise

700 Lower North East Road, Paradise, SA, 5075, AU

Description

JLL Hotels & Hospitality Group are pleased to exclusively present to market the Freehold Going Concern interest of the Paradise Hotel, representing a prime opportunity to acquire a proven performer within one of the nation’s most sought-after markets.

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Attributes

Land area gross

91,493 sf

Call for offers

12/08/2025

Media

Investment Highlights

Multiple trading areas via public bar with TAB, large bistro, gaming lounge, multiple function spaces, outdoor dining area and popular in-house theatre room
Compelling base of existing gaming led revenue, underpinned by meaningful F&B income
High-quality working infrastructure throughout, including recently upgraded commercial kitchen, minimal immediate CAPEX required
Immediate upside via increase of current EGM count, 33 EGMs currently on-site/licensed for 40 in total
Former accommodation currently not in use, opportunity to reinstate additional revenue stream
Expansive total landholding of circa 8,500sqm with ‘Urban Corridor’ zoning
Includes additional land parcel at rear (2,500sqm*), surplus to current use, opportunity to re-purpose
Significant trading footprint with total GBA of 1,184sqm*
Zero percent stamp duty payable on commercial assets within South Australia

Paradise Hotel represents an immediate opportunity for nationally recognised operators to secure an asset of substance, genuine upside, with the ability to trade at scale.

For sale via Expressions of Interest closing. Wednesday 13^th August 2025 at 4pm (if not sold prior).

*Approx.