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Lot 2 Augusta Highway, Port Augusta, SA 5700

Lot 2 Augusta Highway, Port Augusta, SA 5700

Hotel/Leisure

  • For Sale
  • Price Upon Application
  • Expression of Interest

  • Land Area
  • 1.41ha (3.48 acres) (approx)
  • Floor Area
  • 6,000 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Jul 01, 2020

Interested in this property? Contact an Agent today

Harcourts Sheppard - (RLA 211280)

208D Henley Beach Road

Torrensville SA 5031

"Highway One" Motel

Free hold and Business

This strategically positioned Motel comprises 46 Motel Rooms, 4 Apartments (Family rooms), Guest and Motel Laundries, Kitchen + Pantry + Store Room, Swimming Pool and BBQ surrounds, Managers Residence, Reception, Restuarant + Bar (with seating 75 people).

Features:

- Function ability and conference convening
- Massive site of 6000m2
- Vacant areas for semis parking or expansion of complex
- Strong trading history, with excellent contact base
- Sale includes valuable licences, contact base, substantial plant and equipment
- In strong growth precinct with huge infra-structure projects nearby
- Turnover $200,000pa approximately
- Yield in excess of 20%
- Net profit $320,000 approximately

For genuine Sale at $3,500,000 for real estate, $1,000,000 Goodwill, P&E

Lot 2 Augusta Highway, Port Augusta, SA 5700

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