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8 McMillan Street & 5 Sadlier Street Loxton, SA 5333

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8 McMillan Street & 5 Sadlier Street,
Loxton, SA 5333

Hotel & Leisure • Other

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NEW OFFERING! Two Homes, One Cottage and an established B&B business

Elders Loxton are now offering a portion of the Smiffy's B&B portfolio. Offering 2 x self contained comfortably furnished homes and 1 cottage.

The Portfolio is offered on a Walk In Walk Out (WIWO) basis including 2 homes plus cottage on 2 freehold titles. Furniture, bedding, crockery and cutlery, electrical items, cleaning products and effects used by the vendor in connection with running the business are also included in the sale as is the Intellectual property, website, phone numbers, details of current and past regular clients and forward bookings which will be provided to the purchaser ensuring the business transitions smoothly to the new owners.

In the event that the Portfolio is not sold on a WIWO basis, the vendors may consider separating the properties and non fixed assets, however their preference is to sell to a purchaser who intends to honour the existing bookings.

Although offered as short term serviced accommodation, in recent years the majority of tenants have consisted of business groups seeking accommodation for 1 - 6 months at a time. Smiffy's B&B clientele is largely made up of repeat business and generally demand exceeds available accommodation.

Combined earnings for the 2021 calendar year were in excess of $76,000

8 and 8a McMillan St Loxton - $450,000
• 3 Bedrooms, 1 Bathroom
• Secure rear yard with BBQ area
• Solar, Carport, Storeroom,
• 1 bedroom, 1 bathroom cottage
• Living, kitchen, wood fire, Aircond

5 Sadlier St Loxton - $400,000
• 4 bedrooms, 2 bathrooms
• Large open plan Kitchen / Dining area
• Two lounge/living areas
• Evaporative A/C and 3 split systems
• 3 Car carport at rear with lined storage shed
• Solar and Rainwater
• Wheelchair friendly accommodation

Property ID: 503889238Last Updated: 7 Mar 2022

realcommercial.com.au logo
8 McMillan Street & 5 Sadlier Street
Loxton, SA 5333
Elders - RLA62833
17563 Sturt Hwy
BARMERA, SA 5345
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