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Motel business for sale in Naracoorte

  • Motel
  • Naracoorte SA 5271
  • $2,600,000

Outstanding opportunity to purchase this high netting Freehold & Business Motel | Resort Brokers ID : FH006691

Located almost at the halfway point between Adelaide and Melbourne this high netting, simple operation Freehold and Business motel could be yours.

With 22 spacious ground floor rooms, ample off street parking and walking distance to the main street this motel is well positioned for the new owners to capitalize on the forecast surge in domestic tourism. A popular stop over destination for tourists travelling the Great Ocean Road and as well as significant business coming from workers including Government, Agriculture, Forestry and Fishing industries provide a strong client mix for this motel.

With a net profit in excess of $400k this is perfectly placed for an owner operator couple but equally suited to investors. It is rare that an opportunity to purchase a Freehold and Business showing a 16.3% return and with no stamp duty payable in SA this is a perfect time to buy.

- Well-established Freehold motel, showing a 16.3% return
- Strong Post Covid trading performance for the first 9 mths of FY21
- No Stamp Duty payable in SA
- Centrally located walking distance from the main street
- 3 bedroom managers residence with private rear yard
- Simple operation, no restaurant or breakfast served to rooms
- 3.5 star rating
- 8.7 rating on Trip Advisor and Booking.com
- Currently run under management, upside for owner operators

Kelli Crouch
ResortBrokers®
Kelli Crouch
ResortBrokers®

Business Highlights

Business ID2016981751
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ParkingAsk Business Broker
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Last updated  4 May 2021
Map for Naracoorte SA 5271
Map for Naracoorte SA 5271Naracoorte SA 5271
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Kelli Crouch
ResortBrokers®
Kelli Crouch
ResortBrokers®

Business Highlights

Business ID2016981751
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  4 May 2021
ResortBrokers®
362 Montague Rd West End QLD 4101
Kelli Crouch
ResortBrokers®
Kelli Crouch
ResortBrokers®

Ask Kelli Crouch about this business

Kelli Crouch

Kelli Crouch

ResortBrokers®

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0410441750
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