Penola, South Australia
COUNTRY LIVING , CITY CLASS, FAR FROM THE RAT RACE, YOU’LL LOVE IT! - 2814ML
UNDER OFFER
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, offering a clear room inventory and operating scale.
2. Adjusted net profit $279,515 for 2024/25, indicating strong current cash profitability.
3. Brand new 30 year lease in place, providing long term tenure and income stability.
4. Property described as kept absolutely fresh in appearance and facility, implying low immediate refurbishment requirements.
5. Positioned as high quality accommodation, marketed as "country living, city class", appealing to discerning guests.
6. Located in Penola, a family friendly town with P to 12 schooling locally, supporting staff recruitment and retention.
7. Private schooling options in nearby Mt Gambier, enhancing local lifestyle appeal for operators with families.
8. Strategically sited roughly halfway between Melbourne and Adelaide, capturing pass through and highway travellers.
9. Marketed as the closest watering hole at that halfway point, suggesting limited nearby competition and strong stopover demand.
10. Described resale potential and manageable business size, indicating an owner operator opportunity with clear exit prospects.
