Business with various freehold options
David Hutchinson

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

Accommodation/Tourism for sale

SA

Business with various freehold options

Business Details

Edithburgh Seaside Motel

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 $1,381,000 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

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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