11 Shaen Street, Port Lincoln, SA 5606

  • 450 sqm
  • 12

Under Offer

Auction Friday 28th May 2021 @ 11am On Site

First Landing Motel

Iconic local business offering 8 Units – Family, Double and Single rooms, plus a cottage and large storage shed.

The bathrooms have been renovated, and the rooms have air conditioning, televisions etc, and kitchenettes with fridges.

Room 1 – Double bed

Room 2 – Double bed

Room 3 – Double and single beds

Room 4 – Double and single beds

Room 5 – Double and single beds

Room 6 – Double and two single beds

Room 7 – Queen bed

Room 8 – Queen bed

A great opportunity for a husband and wife operation.

Tired of working for a boss? – Here’s an affordable opportunity to step out on your own.

Sale includes freehold, business and P&E, plus a 11Kw Solar panel system.

Being offered at Auction, Friday 28th May 2021 at 11am On Site.

A copy of the contract, Form 1, all relevant searches will be available at the Raine & Horne Office, 4 Bishop, Port Lincoln for 3 clear business days before the Auction and 30 Minutes prior to the Auction on Site.

Contact agent Steve Prout of Raine & Horne on 0428 601 855.

Parking Bays12
TenantedNo
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Property Info:
  • Property ID: L1153549
  • Property Type: Hotel/Leisure
  • Building / Floor Area: 450 sqm
  • Car Spaces: 12
  • Land Area: 1258.0 sqm
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R&H Suburb Summary Houses
Number of sales 243
Average Price $347,386
Median Price $310,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) 0 %
R&H Suburb Summary Units
Number of sales 50
Average Price $305,241
Median Price $266,500
Median Rental Price $240 p.w.
Change in Rental Rate (5yr) 7 %
Port Lincoln, SA - Median Trend
$310,000