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Must@Coonawarra Apartments & Cameron's Cottage, 126 Church Street Penola, SA 5277

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Must@Coonawarra Apartments & Cameron's Cottage, 126 Church Street,
Penola, SA 5277

Hotel, Motel & Leisure

Price information

Sale

Leasehold & Business - $475,000 plus SAV

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of Must@Coonawarra Apartments & Cameron's Cottage, 126 Church Street

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Must@Coonawarra Apartments and Cottage - Leasehold and Business for Sale

The Must@Coonawarra and Cameron's Cottage offers an ideal opportunity to operate and own your own profitable business in the beautiful South East of South Australia.

Located in the very popular tourist town of Penola, adjacent to the world-renowned Coonawarra wine district, this luxury motel offers modern accommodation facilities.

Major features include:

- Combination of studio and spa apartments available
- 9 luxury apartments - all ground floor with private decks
- Apartments built in 2006 and recently refurbished
- 1 historic restored 2-bedroom cottage with outstanding gardens
- Fantastic separate manager's residence
- Environmental sustainability initiatives
- New heat pump, water heaters and air-conditioners
- Guest laundry and pet friendly
- Excellent outdoor BBQ facilities together with fire pit
- Main reception with business facilities for guests
- Long lease in place with a market rental
- Not a cent to spend

Must@Coonawarra has excellent exposure on the main street of Penola and offers large, modern, clean luxury accommodation with excellent furniture and equipment.

Located on the doorstep of the Coonawarra vineyard strip, take advantage of the picturesque tourism town of Penola and the booming tourism growth.

The business is easily operated by a couple or family and is a profitable business with an asking price of $475,000 plus SAV.

For further details or to arrange an inspection of Must@Coonwarra and Cameron's Cottage contact Grant Clarke of McGees Property (RLA 1722).

Property ID: 504216852Last Updated: 1 Apr 2024

04148061...
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Must@Coonawarra Apartments & Cameron's Cottage, 126 Church Street
Penola, SA 5277
McGees Property - Adelaide (RLA 1722)
Level 10/60 Waymouth Street
ADELAIDE, SA 5000
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