Share this property

realcommercial.com.au

Address available on request Penola, SA 5277

Address available on request,
Penola, SA 5277

Hotel, Motel & Leisure

Price information

Sale

UNDER CONTRACT

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map

Directions

THERE’S MORE THAN ONE WAY TO SKIN A CAT - 2814MF

ALEXANDER CAMERON SUITES at Penola sits about half way between Melbourne and Adelaide, offering a smart alternative to intercapital travellers. It‘s a tad longer but far less boring!

And what a great place for an overnight stop (we’re not all in a rush to drive straight through). Alexander Cameron Suites has 18 units to choose from, all in immaculate up to date condition. By far the best in town.

This is a high occupancy motel. A favourite of the corporates. Over the 2023 financial year, its average room rate broke the $170 mark.

And there’s more. No Transfer Duty. Zilch. Nothing. Been that way for a few years now. Compared to other states, that’s a saving of about $100,000 compared to Victoria and much more in other states. Let alone the 30 KWH of solar on the roof. You’ll be doing your bit in the war against Climate Change! (It’s all bought and paid for).

Do yourself a favour and the economy of Penola. Spend a few hours behind the raft of winery cellar doors. There’s only about 30 of them in the Coonawarra district. Cheers!

Net Profit: $581,258 for 2022/23

Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2814MF (quote when enquiring)

Property Code: 4767

Additional information

Property ID: 504446376Last Updated: 16 Apr 2024

04074124...
realcommercial.com.au logo
Address available on request
Penola, SA 5277
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.