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DealProspect/Listings/Hospitality & Tourism

Kingston Ocean View Motel

Motel

ActiveHospitality & TourismSouth AustraliaB2C
Asking price
Contact Broker
Disclosed · AUD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Coastal seafront 30-unit motel in Kingston SE on Lacepede Bay
  • Freehold land and improvements, in-situ plant and equipment and residential licence
  • Located on Marine Parade, walking distance to the town jetty and foreshore
  • Includes manager's unit, reception, commercial kitchen, restaurant with bar, function room with bar and conference room
  • First-floor west-facing units have a glass-enclosed sunroom with coastal views
  • Inground swimming pool, garden and storage shed
  • 3880 square metres of coastal property with alternative-use potential
  • Suited to owner operators or property developers