Limestone Coast Motor Inn & Apartments
(no street name provided), Adelaide SA 5000
$750,000 + SAV ($2,000 approx.)
BusinessSize: n/a
At a Glance:
- Located in popular SA tourist region
- 28 well-maintained rooms
- Lease to 2037
- 7 staff employed
- Proven track record of success
Located in the tourist region of the Limestone Coast this motor inn and apartments has been in operation for approximately 35 years. The motel is conveniently located just minutes away from the town centre, which adds to its appeal.
This 3-star motel boasts 28 well-maintained rooms and a prime location near the town centre. It's nestled in the region's second-largest city, a hub for limestone caves, aquifers, volcanic craters, and sinkholes, attracting cave divers worldwide. The motel caters to all travellers from their standard single motel rooms, through to deluxe 2-bedroom self-contained apartments with spa baths and is part of the Golden Chain brand of accommodation. Amenities include cable TV, an indoor heated pool, BBQ area, green space, ample parking, conference rooms, free Wi-Fi, and is within 150m to restaurants and cafés.
One of the standout features of this business is its simplicity in operation. Notably, this motel operates without an attached restaurant, simplifying management. In the 2022/23 fiscal year, the motel demonstrated a high occupancy rate, exceeding 70%, which reflects its popularity among guests. Revenue increased by 35% during 2022/2023, making it an appealing prospect for potential buyers looking for a business with a proven track record of success.
Melanie Winter 0408 085 932
RLA 283100
- Located in popular SA tourist region
- 28 well-maintained rooms
- Lease to 2037
- 7 staff employed
- Proven track record of success
Located in the tourist region of the Limestone Coast this motor inn and apartments has been in operation for approximately 35 years. The motel is conveniently located just minutes away from the town centre, which adds to its appeal.
This 3-star motel boasts 28 well-maintained rooms and a prime location near the town centre. It's nestled in the region's second-largest city, a hub for limestone caves, aquifers, volcanic craters, and sinkholes, attracting cave divers worldwide. The motel caters to all travellers from their standard single motel rooms, through to deluxe 2-bedroom self-contained apartments with spa baths and is part of the Golden Chain brand of accommodation. Amenities include cable TV, an indoor heated pool, BBQ area, green space, ample parking, conference rooms, free Wi-Fi, and is within 150m to restaurants and cafés.
One of the standout features of this business is its simplicity in operation. Notably, this motel operates without an attached restaurant, simplifying management. In the 2022/23 fiscal year, the motel demonstrated a high occupancy rate, exceeding 70%, which reflects its popularity among guests. Revenue increased by 35% during 2022/2023, making it an appealing prospect for potential buyers looking for a business with a proven track record of success.
Melanie Winter 0408 085 932
RLA 283100
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Key details
Property type:
Business
Other Details
Property history
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SummaryMedian sales
Average Age
31 years
Population
18,202
Listing ID: 181920446. This listing has been viewed 0 times. It was first displayed on 12/09/2023 and last updated on 30/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.