Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA

Description

Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA Outstanding opportunity to get your hands on a 41 room Freehold and Business motel where all the work has been done for you. Significant capital investment and replacements over time mean there is nothing left to do. With an adjusted net profit in excess of $560k, there are options to either run as an owner-operator or the scale allows it to be run under management. Alternatively, a brand new lease could be split off and allow purchasers to retain a highly-sought after passive investment. Freehold opportunities like this are hard to find, be quick to secure. 41 well - presented refurbished motel rooms Adjusted net profit in excess of $560k Significant investment in refurbishments and replacements Option to run as owner-operator or under management A lease could be split off and the purchaser hold onto a sought-after passive investment Restuarant and function areas makes this popular choice for corporate travellers Strong post covid recovery Nothing left to spend - the hard work has been done Inpections are by appointment only