1 Federal Street, MORGAN SA 5320
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- 10 Aug 2016
Freehold & Business Opportunity
It's time for the Murray River Lifestyle!!
An extremely well appointed motel comprising of seven executive motel units (no restaurant).
The presentation of this facility needs to be seen to be appreciated.
The private accommodation is an excellent 3-bedroom residence with separate garaging and outdoor area together with a fully fitted out 'man cave' bar.
Easily operated by a couple or family operation, it is an ideal opportunity to run your own business in the beautiful river township of Morgan.
A short two hour drive from Adelaide, the Colonial Motel is the only motel accommodation in Morgan.
A very profitable operation on a site area of approximately 2,460 square metres with modern plant and equipment included in the sale.
This Freehold and Business is for definite sale, with an asking price of $585,000.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Federal Street MORGAN