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Motel Accommodation/Tourism Business in Kadina
Business For Sale LEASEHOLD MOTEL KADINA GATEWAY MOTOR INN
Situated on a rural setting of approx 7 acres only 90 minutes from Adelaide and a short drive to popular beaches of Moonta Bay Wallaroo and Port Hughes this leasehold motel has shown consistent high profits over a long term.
This easily run business consists of 20 units and has a restaurant which is contracted out to successful operators under a short term management agreement. Vendors currently serve breakfasts as required.
Comfortable spacious owners' residence adjacent Reception offers 3 bedrooms, separate lounge, dine, kitchen, office, laundry, bathroom together with private rear yard suitable for animals. The motel also has a pool.
Attractive long term lease which if all options were exercised will run until 2045.
Plenty of room for expansion to include cabins etc STCC.
Priced reduce to sell at $550,000 WIWO
A confidentiality agreement will be required prior to supplying any financial information.
Motel, Guest House/B&B, Backpacker/Hostel