Outstanding leasehold motel, perfect sea change in SA tourist hotspot | Resort Brokers ID : LH007938
$590,000
Motel (Leasehold) hospitality, Robe SA
ResortBrokers presents a prime opportunity to acquire the well-established Lakeview Motel&Apartments in the picturesque, seaside tourist hotspot of Robe, South Australia.
The property's strategic location makes it a popular tourist destination, with peak summer season attracting 10,000+ to the region. Spread across a large 6,145m2 parcel of land, the motel truly stands out in the market given its lakeside proximity, with unparalleled and uninterrupted views of the lake.
The Lakeview Motel&Apartments represents a fantastic, simple turnkey operation with year-on-year growth, a diverse range of accommodation options and strong occupancy, this property ready for a new owner to step in and continue its success.
- Stunning lakeside location with uninterrupted views
- Strong tourist region on the limestone coast
- Upgraded& refurbished throughout, including new roof
- Generous four bedroom, one bathroom manager's residence
- Facilities include alfresco area with commercial BBQ and Pizza oven,& guest laundry
- Simple operation with no restaurant and 16 well-presented rooms
- Perfect sea change opportunity for owner-operator couple
- Upside for a hands-on operator and in driving the online channel
- Inspections by appointment only
Date updated: 21 Apr 2024 23:00:05
More Information
- Total Purchase Price: $590,000
- Net Income: $ 195,207
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?