Under Offer - Coonawarra Place - 25 Year Lease - 38 Room Motel - 1p5880
Business For Sale 15014 Riddoch Highway, Coonawarra, South Australia 5263
Business Category Motel
Leasehold $250,000
Description
Under Offer - Coonawarra Place - 25 Year Lease - 38 Room Motel - 1p5880
CRE Brokers are proud to offer for sale Coonawarra Place, a four star, 38 room motel, in excellent condition and adjacent to some of the area's truly great wineries.
Coonawarra Place offers a variety of rooming configurations to suit the most discerning of traveller, including luxury suites with spa bath, standard queen and disabled rooms.
Situated on the main Riddoch Highway with a terrific restaurant next door, this South Australian venue will be sought after by many.
Only 10 kms north of the township of Penola, this venue is not far from the Limestone Coast with the myriads of tourists who travel there. A determined vendor, a great price, a long 25 year lease and realistic rent for this sought after area will make for many interested buyers.
Coonawarra Place offers a variety of rooming configurations to suit the most discerning of traveller, including luxury suites with spa bath, standard queen and disabled rooms.
Situated on the main Riddoch Highway with a terrific restaurant next door, this South Australian venue will be sought after by many.
Only 10 kms north of the township of Penola, this venue is not far from the Limestone Coast with the myriads of tourists who travel there. A determined vendor, a great price, a long 25 year lease and realistic rent for this sought after area will make for many interested buyers.
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:SA - SouthSimilar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
