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"Highway One" Motel

Lot 2 Augusta Highway, PORT AUGUSTA SA, 5700

For Sale

Property for Sale in Lot 2 Augusta Highway, PORT AUGUSTA SA, 5700

Harcourts Mile End

208D Henley Beach Road, Torrensville, SA 5031

Listing ID:
11382249
Status:
Active
For:
Sale
Last Updated:
04/05/2020
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Property Type

Other
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Land Area

N/A
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Floor Area

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Parking

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"Highway One" Motel

Free hold and Business

This strategically positioned Motel comprises 46 Motel Rooms, 4 Apartments (Family rooms), Guest and Motel Laundries, Kitchen + Pantry + Store Room, Swimming Pool and BBQ surrounds, Managers Residence, Reception, Restuarant + Bar (with seating 75 people).

Features:

- Function ability and conference convening
- Massive site of 6000m2
- Vacant areas for semis parking or expansion of complex
- Strong trading history, with excellent contact base
- Sale includes valuable licences, contact base, substantial plant and equipment
- In strong growth precinct with huge infra-structure projects nearby
- Turnover $200,000pa approximately
- Yield in excess of 20%
- Net profit $320,000 approximately

For genuine Sale at $3,500,000 for real estate, $1,500,000 Goodwill, P&E

For more details, please email agent

Harcourts Mile End

208D Henley Beach Road, Torrensville, SA 5031


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