Motel · Meningie · LH008012

Leasehold opportunity overlooking Lake Albert, just 1.5hrs from Adelaide

ResortBrokers presents the Leasehold opportunity of the Lake Albert Motel, just 1.5hrs from Adelaide and situated across the road from the peaceful Lake Albert This opportunity to buy yourself a home and an income will not disappoint, it's an ideal choice for a hands-on operator duo. The property features a good size 3-bedroom residence, outstanding street appeal, excellent road signage and all perfectly situated within walking distance to the town's many facilities. With a diverse business model that includes a 14-key refurbished motel, a commercial laundry on a separate lease and it has further potential for growth through an on-site café currently not utilised, backed by a newly negotiated and signed 25-year lease providing security for the new owner.