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South East Freehold Boutique Motel In Penola For Sale

Penola, South Australia, Australia
Asking Price:
$1,495,000 (AUD)
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$100K - $250K (AUD)

Freehold Opportunity - Must @ Coonawarra
Opportunity to purchase this Sophisticated Apartment Style Motel.
Ideally situated between Adelaide and Melbourne in the popular tourist area of Penola amongst the World Class wineries of the Coonawarra Region.
This Contemporary style facility was built in 2006 and recently refurbished.
There is an attractive open plan Manager's residence with lounge, dining and kitchen.
This profitable property has a proven track record with a long lease in place, where if all options are taken up will expire in 2049. Market rent adjustments apply.
Currently the leasehold interest is also available to purchase.

If you are interested in the opportunity, please contact the seller through the form on this page.

Freehold interest priced at $1,495,000 demonstrating a good return on investment.
RLA153432

Property Information

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Real Property Included