Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 1
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 2
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 3
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 4
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 5
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 6
Accommodation/Tourism Business for Sale in EDITHBURGH SA 5583 Photo 7
Motel for sale in EDITHBURGH SA 5583
Business with various freehold options

Motel for sale in EDITHBURGH SA 5583

Accommodation/Tourism
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. With a population of around 450 this popular tourist and fishing town is situated on the lower eastern coast of the Yorke Peninsula. Edithburgh is the perfect place for a family holiday with great swimming beaches and tidal swimming pool.

Edithburgh attracts varying tourist demographics with its internationally recognised diving site, state renowned walking tracks and close-by tourist attractions. Additionally, the Edithburgh Seaside Motel is the only star rated accommodation within its town and wider location.

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 19 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

  • Last Updated September 2018
  • Business Category Accommodation/Tourism
  • Business Sub Category Motel
  • Land Area 4269 sqm
Raine & Horne Business Sales 159117
35 Dequetteville Terrace,
KENT TOWN, SA 5067
7 Photos

Enquire

David Hutchinson
Raine & Horne Business Sales

Enquire about this business:

I would like to: