2 Makin StreetKeith SA 5267
Property Details for 2 Makin St, Keith
Last Listing description (December 2019)
McGees Property is pleased to offer for sale the Freehold investment of the Keith Hotel Motel. This is the first time in over 50 years this outstanding hotel has been offered to the market.
The Keith Hotel Motel is the only hotel in this very popular rural and tourism township. The Hotel offers excellent street appeal in the centre of town and other features include:
- Well maintained single storey hotel
- Prominent location in the township
- Site area of 7,082 square metres*
- Net rental $262,189 p.a.* plus GST
- Long term lease in place - excellent tenant/operator
The excellent hotel facilities include:
- 20 Gaming Machines
- Main bar and drive thru bottle shop
- Outdoor smoking and dining facilities
- 18 motel rooms and 10 pub-style hotel rooms
- On site and street parking
- Commercial kitchen, coolrooms and grease trap
- A large 2 storey separate residence
- Further development land opportunity
- Ideal SMSF investment
- Located only 225 kms* south of Adelaide the property represents an outstanding return of 9.5%
Rarely to Hotel Freehold investments of this quality come onto the market in the tightly held south east region.
(* approx.)
Property History for 2 Makin St, Keith, SA 5267
- 04 Mar 2025Sold for $3,550,000
- 16 Jan 2020Sold for $2,770,000
- 14 Oct 2019Listed for Sale Contact Agent
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0About Keith 5267
The size of Keith is approximately 394.2 square kilometres. It has 17 parks covering nearly 0.7% of total area. The population of Keith in 2016 was 1355 people. By 2021 the population was 1405 showing a population growth of 3.7% in the area during that time. The predominant age group in Keith is 60-69 years. Households in Keith are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Keith work in a managers occupation.In 2021, 72.60% of the homes in Keith were owner-occupied compared with 74.20% in 2016.
Keith has 1,092 properties. Over the last 5 years, Houses in Keith have seen a 99.45% increase in median value, while Units have seen a -14.06% decrease. As at 30 November 2025:
- The median value for Houses in Keith is $304,970 while the median value for Units is $361,112.
- Houses have a median rent of $260.
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