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Edithburgh Seaside Motel

. Edithburgh Seaside Motel, EDITHBURGH SA, 5583

For Sale

Property for Sale in . Edithburgh Seaside Motel, EDITHBURGH SA, 5583

Raine & Horne Corporate Business Sales

35 Dequetteville Terrace, Kent Town, SA 5067

Listing ID:
11301641
Status:
Active
For:
Sale
Price:
Business with various freehold options
Last Updated:
18/03/2019
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Property Type

Hotel/Leisure/Hotel/Leisure
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Land Area

4269 SQM
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Floor Area

N/A
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Parking

N/A

Edithburgh Seaside Motel

~PRICE REDUCED~
Great lifestyle motel situated in Edithburgh some 233kms from Adelaide. Within walking distance to the beach and close to the main street, the motel consists of:
- 14 modern immaculate ground floor units
- 2 self contained 2-bedroom family suites
- Reception area
- Magnificent two storey residence
- Large brick garage
- Spare land for expansion
- Same owners 17 years

The purchase price of $1,151,000 consists of 14 motel units and two 2-bedroom suites/units on 3 Certificates of Title including goodwill, plant & equipment plus the vacant land and house.

Other purchase options which the vendor will consider are as follows:

Option 1* - $1,050,000
14 motel units on 2 Certificate of Title including goodwill, plant & equipment
Plus house
No vacant land

Option 2* - $850,000
14 motel units on 1 Certificate of Title including goodwill, plant & equipment
No vacant land and no house

Option 3* - $1,050,000
14 motel units plus the two 2-bedroom family units on 2 Certificates of Title including goodwill, plant & equipment
Plus vacant land
No house
* Subject to necessary council consents

David Hutchinson 0414 440 953

For more details, please email agent

Raine & Horne Corporate Business Sales

35 Dequetteville Terrace, Kent Town, SA 5067


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