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Milang SA 5256
Sold on 19 Dec 2024

Milang SA 5256

  • Hotel, Motel, Pub & Leisure
  • 3,630 m²
  • Sold

RENOVATED RETRO STYLE MOTEL - BRAND NEW 25 YEAR LEASE | Resort Brokers ID : LH008271

    ResortBrokers is delighted to present to the market the leasehold of The Shore Motel Milang, less than one hour from Adelaide, now fully refurbished, rebranded, and has just reopened as a boutique, retro-style motel.

    The hard work has been done, and the owners are looking for an outstanding operator to purchase a long-term 25-year lease to drive this brand-new business.

    The new operator will have several options for living arrangements. To utilise the 3-bed house as a managers residence alternatively you could reside in the 1 bedroom self-contained unit. The choice is comfort vs. additional profitability both are available to the new operator. Purchasers could also operate remotely and have a caretaker onsite.

    Having completed refurbishments and rebranding and just reopened, The Shore Motel Milang has yet to be marketed but has received a 'nine (from 10) rating on Booking.com with outstanding reviews. The hard work is done and there is plenty to love about this opportunity.

    - 12-room boutique, retro charm style motel
    - 3-room fully refurbished guest house, with private patio and fire pit
    - Fully renovated requiring no initial capital expenditure
    - Run as a passive investment with a caretaker and cleaner
    - Secured by a brand new 25-year lease
    - Efficiently managed with remote self-check-in system
    - Receives a 9/10 rating on Booking.com
    - Solar system installed 27kW
    - Only 75km from Adelaide
    - Inspection by appointment only

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

    Property Highlights

    Date Sold19 Dec 2024
    Floor AreaAsk Agent
    Land Area3,630 m²
    ParkingAsk Agent
    Property ID2019258016
    Category
    Last updated  
    Map for Milang SA 5256
    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold19 Dec 2024
    Floor AreaAsk Agent
    Land Area3,630 m²
    ParkingAsk Agent
    Property ID2019258016
    Category
    Last updated  

    More about Milang SA 5256

    Milang SA 5256 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 3,630 m². The listing ID for this property is 2019258016.

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