Skip to main content

Accommodation & Tourism business for sale in Penola

  • Accommodation & Tourism
  • 126 Church Street Penola SA 5277
  • Leasehold & Business - $475,000 plus SAV

Must@Coonawarra Apartments and Cottage - Leasehold and Business for Sale

The Must@Coonawarra and Cameron's Cottage offers an ideal opportunity to operate and own your own profitable business in the beautiful South East of South Australia.

Located in the very popular tourist town of Penola, adjacent to the world-renowned Coonawarra wine district, this luxury motel offers modern accommodation facilities.

Major features include:

- Combination of studio and spa apartments available
- 9 luxury apartments - all ground floor with private decks
- Apartments built in 2006 and recently refurbished
- 1 historic restored 2-bedroom cottage with outstanding gardens
- Fantastic separate manager's residence
- Environmental sustainability initiatives
- New heat pump, water heaters and air-conditioners
- Guest laundry and pet friendly
- Excellent outdoor BBQ facilities together with fire pit
- Main reception with business facilities for guests
- Long lease in place with a market rental
- Not a cent to spend

Must@Coonawarra has excellent exposure on the main street of Penola and offers large, modern, clean luxury accommodation with excellent furniture and equipment.

Located on the doorstep of the Coonawarra vineyard strip, take advantage of the picturesque tourism town of Penola and the booming tourism growth.

The business is easily operated by a couple or family and is a profitable business with an asking price of $475,000 plus SAV.

For further details or to arrange an inspection of Must@Coonwarra and Cameron's Cottage contact Grant Clarke of McGees Property (RLA 1722).

McGees Property Adelaide
McGees Property Adelaide
60 Waymouth Street Adelaide
Adelaide, SA 5000

Business Highlights

Business ID2018236818
Floor Area665m²
Category
Last updated  15 Jan 2024
Map for 126 Church Street Penola SA 5277
Map for 126 Church Street Penola SA 5277126 Church Street Penola SA 5277
Inspections
Documents
McGees Property Adelaide
McGees Property Adelaide
60 Waymouth Street Adelaide
Adelaide, SA 5000

Business Highlights

Business ID2018236818
Floor Area665m²
Category
Last updated  15 Jan 2024

Listed by

Grant Clarke
McGees Property Adelaide
Call
0414 806 130

More businesses for Sale by McGees Property Adelaide

The Rosemont Hotel Leasehold
160 Hindley Street Adelaide SA 5000
582m²
Leisure & Entertainment
Leasehold and Business For Sale
13 North Parade Port Adelaide SA 5015
915m²
Leisure & Entertainment
Franchise Partner Opportunity
Shop 2051a/297 Diagonal Road Marion SA 5043
Franchise Resale