2564MF - S.A FREEHOLD GOING CONCERN PRODUCING A 15% PLUS RETURN
Sandpiper, without doubt, carries the high ground in motel accommodation at Millicent, a semi-rural centre supporting the plethora of agriculture and forestry, and a tourism industry the limestone coast is noted for.
The business is making serious money! And that top line return will only get better as the quality makeover of the 30 room inventory continues.
You can look forward to a consistent corporate and medical visitation, and nice bit of cream on the cake from the weekend tourists and continual supply of holiday makers.
All this and not far away from Adelaide, the wine country and the very accessible Victorian market. Cheers!
Net Profit $213,835 for 1st March 2018 to 28th February 2019
Contact Reg Partington (RLA 286893) from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2564ML (quote when enquiring)
Location: Millicent is a prosperous and vibrant community located in the heart of the Limestone coast region of South Australia. A great place to visit, relax in and explore. A wide range of facilities and services makes Millicent the ideal location to accommodate all visitors.
Millicent is located 412kms south-east of Adelaide, 469kms west of Melbourne. Millicent is centrally located in the middle of the Wattle Range council area, 50kms from Penola and 36kms from Beachport. With verdant parklands and numerous farms and timber industries, Millicent is one of the major town centres on the south coast of South Australia.
Property Code: 3103
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -