Edithburgh

Great easy to run rare freehold motel situated in Edithburgh some 233 km’s from Adelaide. This ideal first timers motel has had the same husband and wife team as owners for over 21 years. Catering for both commercial guests and holiday makers, the motel is walking distance from the beach and popular tidal swimming pool. A feature of the motel is the two storey residence which fronts the main street of Edithburgh offering other business opportunities.

The motel consists of:

- 14 modern immaculate ground floor units (tastefully refurbished recently)

- 2 self contained 2-bedroom family suites

- Reception area

- Magnificent two storey residence

- Large brick garage

- Spare land for expansion

- Same owners 21 years

The purchase price of $1,151,000 consists of 14 motel units and two 2-bedroom suites/units on 3 Certificates of Title including goodwill, plant & equipment plus the vacant land and house.

Other purchase options which the vendor will consider are as follows:

Option 1* – $1,050,000

- 14 motel units on 2 Certificate of Title including goodwill, plant & equipment

- Plus house

- No vacant land

Option 2* – $850,000

- 14 motel units on 1 Certificate of Title including goodwill, plant & equipment

- No vacant land and no house

Option 3* – $1,050,000

- 14 motel units plus the two 2-bedroom family units on 2 Certificates of Title including goodwill, plant & equipment

- Plus vacant land

- No house

• Subject to necessary council consents
  
  David Hutchinson 0414 440 953
  
  RLA 283100