2 Edward Street, Corowa, New South Wales

26-Room Leasehold Motel in Thriving Murray River Region

Leasehold $1,050,000

Business Description

CRE Brokers are pleased to exclusively present the leasehold business of the Statesman Motor Inn, Corowa.

Ideally positioned on a prominent corner site just a short walk from Corowa's main shopping precinct and the banks of the Murray River, the Statesman Motor Inn is a well-established 26-room motel offering an outstanding opportunity to acquire a proven regional accommodation business.

The motel provides a variety of accommodation options, including Queen, Twin and Family rooms, catering to a diverse mix of corporate travellers, contractors, tourists and holidaymakers. The business also features a fully equipped commercial kitchen and a spacious three-bedroom, two-bathroom manager's residence, providing comfortable onsite accommodation for owner-operators.

Corowa is a thriving regional centre that enjoys consistent year-round visitation, supported by major local employers, including Rivalea and Uncle Toby's, together with the region's strong agricultural sector. Tourism also plays a significant role, with the Murray River attracting boating enthusiasts, holidaymakers and visitors exploring the renowned Rutherglen wine region.

The Statesman Motor Inn is a simple and efficient operation, currently run without breakfast service, making it an ideal business for both experienced motel operators and first-time buyers. The business is underpinned by a secure lease, commencing in August 2023, with a below-market rental of $95,380 per annum (plus GST) and options extending through to 2058, providing long-term security and excellent value.

With its established trading history, strong regional location, secure lease tenure and easy-to-manage operation, the Statesman Motor Inn represents an exceptional leasehold motel opportunity.

Contact the exclusive selling agents at CRE Brokers today to arrange a confidential inspection.

Business Summary