Penola, South Australia

$375,000

Property Description

Charming Leasehold Motel showing a 35% return | Resort Brokers ID : LH006340

Simple operation, easy to run 12 room leasehold motel. Located halfway between Adelaide and Melbourne in the Coonawarra wine region.



  • Perfectly suited for owner operator couple

  • 12 well-appointed, spacious units

  • Mix of leisure and corporate clients with growing list of repeat clientele

  • Low maintenance garden, lawn and BBQ area perfect for functions/events

  • Located halfway between Adelaide and Melbourne

  • Property inspections are by appointment only

Date updated: 29 Oct 2020 23:00:06

Property Summary

Business Snapshot

Price: $375,000 Net Profit: $143,612

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

ResortBrokers

Kelli Crouch
ResortBrokers

Phone

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Map Location ( get directions )

Penola, South Australia 5277 Exact map location not provided

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