Penola, South Australia

$1,200,000 + SAV

Property Description

Great lifestyle, simple operation 12 room Freehold Motel | Resort Brokers ID : FH006450

Charming property, ideally located in the heart of the Coonawarra wine region, midway between Melbourne and Adelaide. Perfect for an owner operator partnership and a couple of cleaners.



  • 12 well appointed motel rooms

  • Large corner allotment approx 2,100sqm

  • Opportunity to purchase additional land

  • 68% occupancy

  • Additional income in reopening the restaurant

  • No stamp duty payable in SA

Date updated: 21 Oct 2020 01:00:03

Property Summary

Business Snapshot

Price: $1,200,000 + SAV Net Profit: $211,355

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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