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Meningie SA 5264
Sold on 8 Mar 2024

Meningie SA 5264

  • Hotel, Motel, Pub & Leisure
  • Sold

Leasehold opportunity overlooking Lake Albert, just 1.5hrs from Adelaide | Resort Brokers ID : LH008012

    ResortBrokers presents the Leasehold opportunity of the Lake Albert Motel, just 1.5hrs from Adelaide and situated across the road from the peaceful Lake Albert

    This opportunity to buy yourself a home and an income will not disappoint, it's an ideal choice for a hands-on operator duo. The property features a good size 3-bedroom residence, outstanding street appeal, excellent road signage and all perfectly situated within walking distance to the town's many facilities.

    With a diverse business model that includes a 14-key refurbished motel, a commercial laundry on a separate lease and it has further potential for growth through an on-site café currently not utilised, backed by a newly negotiated and signed 25-year lease providing security for the new owner.

    - Home and income opportunity perfect for a hands on couple
    - Efficient 14-key simple operation motel, neat and tidy.
    - Potential growth through café operation for public and guests.
    - Secured investment with a newly signed 25-year lease.
    - Diverse business including commercial laundry and motel
    - Upside via driving occupancy and operating cafe
    - Prime location in CBD, 1.5hrs from Adelaide, near Lake Albert.
    - Significant refurbishments and replacements in recent years.
    - Comfortable living with a good-sized 3-bedroom manager's residence.
    - Inspections by appointment

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold8 Mar 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018914635
    Category
    Last updated  22 Feb 2024
    Map for Meningie SA 5264
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold8 Mar 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018914635
    Category
    Last updated  22 Feb 2024

    More about Meningie SA 5264

    Meningie SA 5264 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018914635.

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