10 Eyre Highway PORT AUGUSTA

Well Presented. Profitable. Motel.

(strong performing leasehold business for sale Plus SAV.)

Well run and managed motel with plenty of upside. Perfect for an enthusiastic couple. Well positioned to take advantage of both corporate, tourist and workers. Operated by the same couple for the past 15 Years.
Excellent exposure on the main Road of Port Augusta and offers modern, clean luxury accommodation with excellent furniture and equipment.

Located directly opposite the supermarket and the modern Western Hotel.

• 25 well-appointed rooms, refurbished, deluxe, executive and studio.
• High occupancy rate. Extremely profitable business.
• Part of the Golden Chain network – rated 3.5 stars.
• Excellent repeat clientele.
• Offering new 10X10 year lease.
• Extensive on-site car parking.
• No restaurant – charge back arrangement with nearby eateries.
• Reception with spacious three-bedroom managers residence.
• Guest laundry & undercover BBQ area.
• Adjusted net profit in excess of $260K per year approx.
• Nothing left to spend – the hard work has been done.

(Inspections are by appointment only).

For further details or to arrange an inspection, contact Pat Schinella 0412 90 90 95 at Agency Avenue Schinellas.

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Property information

  • Property Type Leisure
  • Price Contact Agent