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99-107 Playford Avenue
Whyalla Playford SA 5600
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Sold on 8 Aug 2022

99-107 Playford Avenue Whyalla Playford SA 5600

  • Hotel, Motel, Pub & Leisure
  • Sold

Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA | Resort Brokers ID : FH007077

Outstanding opportunity to get your hands on a 41 room Freehold and Business motel where all the work has been done for you. Significant capital investment and replacements over time mean there is nothing left to do. With an adjusted net profit in excess of $560k, there are options to either run as an owner-operator or the scale allows it to be run under management. Alternatively, a brand new lease could be split off and allow purchasers to retain a highly-sought after passive investment. Freehold opportunities like this are hard to find, be quick to secure.

- 41 well - presented refurbished motel rooms
- Adjusted net profit in excess of $560k
- Significant investment in refurbishments and replacements
- Option to run as owner-operator or under management
- A lease could be split off and the purchaser hold onto a sought-after passive investment
- Restuarant and function areas makes this popular choice for corporate travellers
- Strong post covid recovery
- Nothing left to spend - the hard work has been done 
- Inpections are by appointment only

Property Highlights

Date Sold8 Aug 2022
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017545294
Category
Last updated  29 Jun 2022
Map for 99-107 Playford Avenue Whyalla Playford SA 5600

Property Highlights

Date Sold8 Aug 2022
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017545294
Category
Last updated  29 Jun 2022
362 Montague Rd West End QLD 4101

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