Penola SA 5277

Outstanding opportunity to purchase this multi-award winning Freehold Going Concern property ideally located midway between Melbourne and Adelaide.

- Built in 2003 with quality in mind, this 18 room motel has very little to do
- Plus, a 3 bedroom timber cottage for small groups and meetings/conferences
- Currently run under management with 6 casual cleaners
- Ideally located across the road from the hospital and walking distance to all local restaurants and cafes
- Rarely found 3 bedroom spacious managers residence, with private yard and undercover parking
- Multi-award winning including 2017 TripAdvisor certificate of excellence
- Consistent year on year growth
- Excellent business mix 55% tourism and 45% corporate 
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In SA from July 2018, stamp duty will be imposed only on the transactions involving residential and primary-production land.

NB: Property inspections are by appointment only