Penola, South Australia
COUNTRY LIVING , CITY CLASS, FAR FROM THE RAT RACE, YOU’LL LOVE IT! - 2814ML
LEASEHOLD $1,250,000
Business Description
Are you looking for a change of pace and a chance to make some really good money in one of the more beautiful motels in South Australia.
Alexander Cameron is that oasis of classy accommodation in a purpose built 19 room motel kept absolutely fresh both in appearance and facility.
Its the closest watering hole to half way between Melbourne and Adelaide
It ticks as many boxes as you can think of in terms of a quality business for a not too big a price - on today’s values.
Penola is family friendly. P to 12 schooling on hand Private schools in nearby Mt Gambier.
There’s a brand new 30 year lease to enjoy. A chance to run for a good time, not a long time and still sell on a viable property for another some else’s benefit that has served you well.
Put it on your list!
Adjusted Net Profit: $279,515 for 2024/25
Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2814ML (quote when enquiring)
Property Code: 5388
Business Summary
Key Investment Insights
1. Purpose-built 19-room motel, presented as a classy, well-maintained accommodation asset.
2. Adjusted Net Profit $279,515 for 2024/25, indicating strong current earnings.
3. Brand new 30-year lease in place, providing long-term tenure and income stability.
4. Marketed as a high-quality business available for a relatively modest price on current values.
5. Positioned as the closest watering hole about halfway between Melbourne and Adelaide, offering strategic passing trade.
6. Located in Penola, described as family friendly with P to 12 schooling locally.
7. Proximity to private schools and additional services in nearby Mt Gambier enhances appeal to relocating families and staff.
8. Combination of “country living, city class” branding suggests a niche upscale regional product attractive to leisure travellers.
9. Described as an oasis of classy accommodation, implying strong presentation, guest appeal and potential for premium room rates.
10. Suited to an owner-operator model, with the option to run for a defined period and sell on a viable property later.