50 room leasehold motel offering secure future with long term 30 year lease

Description

50 room leasehold motel offering secure future with long term 30 year lease ResortBrokers is excited to bring to market the leasehold interest of the Ceduna East West Motel, a large-scale establishment boasting an incredible 50 keys. The business is underpinned by the security of tenure with a brand-new 30-year lease. Positioned on a generous two-acre corner block, it is the first motel to greet visitors as they enter the town from the East and the motel's prime seaside location, a mere five-minute drive from Shelly Beach, further enhances its appeal to guests. Representing a compelling investment opportunity in Cedunas accommodation sector, this asset is perfect for an operator with the ability to reposition it, offering the potential for significant value uplift. Large-scale motel asset with a substantial capacity of 50 keys Assured stability with a brand new 30-year lease Prime seaside location, only 5 minutes to Shelly Beach Convenient three-bedroom owner’s residence with seamless reception access Continuous enhancements and upgrades have been implemented Prominently positioned on a two-acre corner allotment, marking the gateway to the town Inspection by appointment only