Sold - Statesman Motor Inn

CRE Brokers are pleased to be appointed as the Exclusive Agency for the leasehold sale of the Statesman Motor Inn, Corowa. This well presented twenty-six unit motel is conveniently located only a short walk to Corowa's main street and the Murray river. The motel boasts an excellent corner street frontage to capture passing trade.

The Statesman Motor Inn offers a range of rooming configurations, consisting of twin, queen and family units and includes a commercial kitchen and comfortable three bedroom, two bathroom manager's residence.

The Motor Inn is an easy to operate motel- with no breakfast. The Motel will suit experienced operators or those new to the motel industry. With a healthy turnover of $530,000 in the 2023 financial year the business can be easily operated under management. Having entered into a new lease term in August 2023 with a below market rent of $90,000 per annum (exc GST) with further options until 2058, this opportunity is not to be missed!

Book your inspection today.