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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:NSW - Riverina & Murray

Marketing Agent

Steph Mannix

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established 26 room leasehold motel with a proven trading history in the thriving regional centre of Corowa.
2. Prominent corner location within walking distance of the main shopping precinct and Murray River.
3. Accommodation mix includes Queen, Twin and Family rooms for corporate, contractor, tourist and holiday guests.
4. Commercial kitchen and three bedroom, two bathroom manager’s residence support owner operator convenience.
5. Simple, efficient operation currently running without breakfast service, appealing to experienced operators and first time buyers.
6. Secure lease commenced August 2023, with options extending to 2058 and below market rent of $95,380 plus GST annually.
7. Year round visitation is supported by major local employers, agriculture, Murray River tourism and nearby Rutherglen wineries.
8. Existing facilities and accommodation infrastructure provide a ready to operate motel business with potential service expansion.