Renmark, South Australia

Outstanding 25 room leasehold motel | Resort Brokers ID : LH006968

$695,000 + SAV

Property Description

On offer is the opportunity to purchase this well presented 25 room leasehold motel located in the Riverland SA. Renmark is just over three hours’ drive from Adelaide and sits on the banks of the River Murray. This historic town established in 1987 is the largest in the Riverland. Running at 58.2% occupancy for the last financial year, the business has shown strong recovery post covid, additional revenue has also been driven during the last 12 months with the motel down the road recently being converted into a backpackers, so this property has welcomed it's previous clients.




  • 25 well appointed ground floor rooms




  • Strong post covid trading




  • Conveniently located walking distance to facilities and the Murray River




  • Ongoing refurbishments




  • Long term 24 year lease in place




  • Four bedroom manager’s residence perfect for families



  • Property inspections are by appointment only

Date updated: 01 Dec 2021 00:00:08

Property Summary

Business Snapshot

Price: $695,000 + SAV Net Profit: $280,286

Motel Information

Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Best buy Boutique freehold going concern motel | Resort Brokers ID : FH007028
CARETAKING BUSINESS IN PRIME LOCATION | Resort Brokers ID : MR007017
Central Qld Motel Lease
Business For Sale - Off the Plan Now Completed - ID 8792 BL
Launceston CBD, Award Winning AAA 4 Star 37 Room Motel, Parking, Views Coming Soon
1260MF - BIG REGIONAL CITY FREEHOLD MOTEL WITH PLENTY TO OFFER
this business has the perfect lifestyle balance - work a little, leisure a lot | Resort Brokers ID : MR007021
MODERN HIGH-RISE BUSINESS ONLY MANAGEMENT RIGHTS IN TOOWONG | Resort Brokers ID : MRB007009
Coastal Luxury Accommodation | Resort Brokers ID : FH007022
2683ML - GREAT FIRST TIME MOTEL
Cooma Hotel, VIC - 1P0095
Barham Hotel NSW - 1P0096
PRIME HIGH NET BEACHSIDE RESORT ON QUEENSLAND SUNSHINE COAST | Resort Brokers ID : MR007026
Magnificent Armidale Leasehold Motel | Resort Brokers ID : LH007023
800MI - A SUPER MOTEL PASSIVE INVESTMENT!
Business For Sale - Exquisite Location - Close to Famous Beaches - ID 9036 H
Mudgeeraba/Robina Permanent-live off site
2610ML - A MOTEL LEASEHOLD WITH THE LOT