EDITHBURGH 5583
Business with various freehold options
David Hutchinson

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Raine & Horne Business Sales
35 Dequetteville Terrace,
KENT TOWN, SA 5067

EDITHBURGH 5583

Accommodation/Tourism for sale

EDITHBURGH SA 5583

Business with various freehold options

Business Details

Edithburgh Seaside Motel - Yorke Peninsula, South Australia

Great lifestyle motel situated in Edithburgh some 233kms from Adelaide. Within walking distance to the beach and close to the main street, the motel consists of:

- 14 modern immaculate ground floor units
- 2 self contained 2-bedroom family suites
- Reception area
- Magnificent two storey residence
- Large brick garage
- Spare land for expansion
- Same owners 17 years

The purchase price of $1,251,000 consists of 14 motel units and two 2-bedroom suites/units on 3 Certificates of Title including goodwill, plant and equipment plus the vacant land and house.

Other purchase options which the vendor will consider are as follows:

Option 1* - $1,050,000
- 14 motel units on 2 Certificate of Title including goodwill, plant and equipment
- Plus house
- No vacant land

Option 2* - $850,000
- 14 motel units on 1 Certificate of Title including goodwill, plant and equipment
- No vacant land and no house

Option 3* - $1,050,000
- 14 motel units plus the two 2-bedroom family units on 2 Certificates of Title including goodwill, plant and equipment
- Plus vacant land
- No house

* Subject to necessary council consents

David Hutchinson Click to call

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Motel
  • Land Area: 4269 sqm

Enquire

Raine & Horne Business Sales 159117
35 Dequetteville Terrace,
KENT TOWN, SA 5067

Phone: 08 8361 3074
Fax: 08 8361 3075

David Hutchinson
Phone: (08) 8361 3074
Mobile: 0414 440 953

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