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Address available on request Meningie, SA 5264

Address available on request,
Meningie, SA 5264

Hotel, Motel & Leisure

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Leasehold opportunity overlooking Lake Albert, just 1.5hrs from Adelaide | Resort Brokers ID : LH008012

ResortBrokers presents the Leasehold opportunity of the Lake Albert Motel, just 1.5hrs from Adelaide and situated across the road from the peaceful Lake Albert

This opportunity to buy yourself a home and an income will not disappoint, it's an ideal choice for a hands-on operator duo. The property features a good size 3-bedroom residence, outstanding street appeal, excellent road signage and all perfectly situated within walking distance to the town's many facilities.

With a diverse business model that includes a 14-key refurbished motel, a commercial laundry on a separate lease and it has further potential for growth through an on-site café currently not utilised, backed by a newly negotiated and signed 25-year lease providing security for the new owner.

- Home and income opportunity perfect for a hands on couple
- Efficient 14-key simple operation motel, neat and tidy.
- Potential growth through café operation for public and guests.
- Secured investment with a newly signed 25-year lease.
- Diverse business including commercial laundry and motel
- Upside via driving occupancy and operating cafe
- Prime location in CBD, 1.5hrs from Adelaide, near Lake Albert.
- Significant refurbishments and replacements in recent years.
- Comfortable living with a good-sized 3-bedroom manager's residence.
- Inspections by appointment

Additional information

Property ID: 504469400Last Updated: 20 Jul 2024

0410 441 75... logo
Address available on request
Meningie, SA 5264
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