Outstanding leasehold motel, perfect sea change in SA tourist hotspot
Robe, SA, SA
Description
Outstanding leasehold motel, perfect sea change in SA tourist hotspot ResortBrokers presents a prime opportunity to acquire the well-established Lakeview Motel & Apartments in the picturesque, seaside tourist hotspot of Robe, South Australia. The property's strategic location makes it a popular tourist destination, with peak summer season attracting 10,000+ to the region. Spread across a large 6,145m2 parcel of land, the motel truly stands out in the market given its lakeside proximity, with unparalleled and uninterrupted views of the lake. The Lakeview Motel & Apartments represents a fantastic, simple turnkey operation with year-on-year growth, a diverse range of accommodation options and strong occupancy, this property ready for a new owner to step in and continue its success. Stunning lakeside location with uninterrupted views Strong tourist region on the limestone coast Upgraded & refurbished throughout, including new roof Generous four bedroom, one bathroom manager's residence Facilities include alfresco area with commercial BBQ and Pizza oven, & guest laundry Simple operation with no restaurant and 16 well-presented rooms Perfect sea change opportunity for owner-operator couple Upside for a hands-on operator and in driving the online channel Inspections by appointment only
Financials
- Asking price
- $590,000
- Net profit
- $195,207
- Revenue
- —
- Profit multiple
- 3.02x
- Revenue multiple
- —
Agent
Kelli Crouch, 312872 RLA
