Sold
Motel · Milang · LH008271
ResortBrokers is delighted to present to the market the leasehold of The Shore Motel Milang, less than one hour from Adelaide, now fully refurbished, rebranded, and has just reopened as a boutique, retro-style motel.
RENOVATED RETRO STYLE MOTEL - BRAND NEW 25 YEAR LEASE
ResortBrokers is delighted to present to the market the leasehold of The Shore Motel Milang, less than one hour from Adelaide, now fully refurbished, rebranded, and has just reopened as a boutique, retro-style motel. The hard work has been done, and the owners are looking for an outstanding operator to purchase a long-term 25-year lease to drive this brand-new business. The new operator will have several options for living arrangements. To utilise the 3-bed house as a managers residence alternatively you could reside in the 1 bedroom self-contained unit. The choice is comfort vs. additional profitability — both are available to the new operator. Purchasers could also operate remotely and have a caretaker onsite. Having completed refurbishments and rebranding and just reopened, The Shore Motel Milang has yet to be marketed but has received a ‘nine (from 10) rating on Booking.com with outstanding reviews. The hard work is done and there is plenty to love about this opportunity.
- Net profit
- $196K
- Asking Expressions Of Interest
- Status
- Sold
The business at a glance.
- 12-room boutique, retro charm style motel
- 3-room fully refurbished guest house, with private patio and fire pit
- Fully renovated requiring no initial capital expenditure
- Run as a passive investment with a caretaker and cleaner
- Secured by a brand new 25-year lease
- Efficiently managed with remote self-check-in system
- Receives a 9/10 rating on Booking.com
- Solar system installed 27kW
- Only 75km from Adelaide
- Inspection by appointment only
The asset, the manager unit, the location.
Milang, SA
Milang, SA
Talk to the broker.
Ask about similar properties
Kelli Crouch
Senior Specialist Accommodation Broker, South Australia & Northern Territory
0410 441 750
08 8356 5057
Looking for one like it?
Motel · Milang · LH008271 has sold. Leave your details and Kelli will tell you when something similar comes to market.
Receive New Listing Alerts
By subscribing you agree with our Privacy Policy