INTRODUCTION
Exceptionally well sited next to the National Birdwood Motor Museum, together with a rural backdrop.
Furthermore, across the road from the motel is a Bakery and the Blumberg Hotel.
Birdwood is a nationally known destination with easy access to the Barossa Valley Wine region; as well as the now known National Tourist Destination of the Adelaide Hills, offering its many wineries, (conveniently just 10-20 mins away), Cellar Doors, Restaurants and Cafes.
The property offers three separate community titles comprising: -
TITLE 3
The large 3-bedroom house with the living area at the property frontage plus the commercial washing/drying/folding room for the whole site and the storeroom. The two storey circa 1890 stone barn also offers separate independent accommodation on this title. Finally, also provides the independent undercover entertainment area with full facilities.
TITLE 2
Double car garage plus workshop and store facilities.
TITLE 1
Five single bedroom fully equipped motel units together with laundry/storage and extra carparking for the overall site.
The Birdwood Motel website boasts a 4.8-star rating with positively overwhelming reviews, all with similar notations, such as: -
'Clean (exceptionally so). Very neat and tidy. Very friendly staff. Service is excellent. Quality fittings. Repeat customers. Surpassed expectations.
Also see the GOLD AWARD 2024 - Hotel Accommodation.
The sale of the property is classed as a GOING CONCERN, whereby GST is not applied, that is the sale of the property is GST FREE.
The list of the goods and chattels that will be sold inclusive of the freehold is extensive. The list of which provides an overview, nonetheless, is comprehensive, as you can see from the photos, and upon the further verification with an inspection.
GOODS & CHATTELS - listed in our IM (Information Memorandum)
Further Notes
• Whilst there are extra areas for carparking at the overall site, five dedicated carparks are also available.
• The laundry store next to Unit 1, also stores 6 extra foldup trundle beds and two cots.
• There are two 'heavy duty' antique weighing units, Ampol petrol bowser, bench seat at the motel units plus a bench seat on the front verandah. The English style phone booth all remaining with the sale of the property.
• There are 24 solar panels 6.6 KVA for the property which is applied to the front title (Unit 3).
• The room charges for Unit 1-5 inclusive are as follows: -
Weekday/nights Friday/Saturday nights
Unit 1 $145.00 p/n $176.00 p/n
Unit 2 $160.00 p/n $198.00 p/n
Unit 3 $180.00 p/n $230.00 p/n
Unit 4 $180.00 p/n $230.00 p/n
Unit 5 $180.00 p/n $230.00 p/n
Two Storey Barn $200.00 p/n $250.00 p/n
The above rates have remained unchanged for over 2 years.
Summary/Income
The taxable income for FY 2023 was $196,049, FY 2024 $152,833.28.
The current Vendors have not utilised the full potential of this property for income purposes.
They have a large business which employs 20 people, consequently they have used the two-story stone barn (and the entertainment area) for their staff, their immediate interstate and overseas family and friends.
Furthermore, a significant amount of their time is spent away from properly running their large business.
It follows that income with new owners can be significantly enhanced with applied time and circumstance.
Whilst new owners can live on site the front 'house section' could also be rented out daily, however there are clear advantages with the living on site whereby 6 'motel' units can be fully utilised for income purposes.
Conclusion
Whilst income is a component of the sale of this property, it is also vitally important to acknowledge the fact that the inherent value of the property is easily 'arrived at', from a comparative property sale analysis, as well as an analytical breakdown of the value of the land and all the improvements, across 3 titles, there on! Thus summarising/concluding a capital value of $2,500,000 plus.
Intending purchasers will as previously stated not have to pay GST given the status of GOING CONCERN.
The other huge bonus with South Australian Legislation is that given that this property is a short stay destination there is no Stamp Duty on top of the purchase price, thus saving just under $140,000.00.
This property site and situation is such that there will always be demand for accommodation, together with the earlier stated National Motor Museum, Bakery and Blumberg Motel. A "place of destination".
The burgeoning increase of tourist numbers of which Birdwood is part of this 'heartland', is said to double (Tourism Assessment) over the next 10 years, thus further underwriting and uplifting income and capital appreciation.
