Freehold Motel, Barmera SA
Motel
ActiveHospitality & TourismSouth AustraliaB2C
Asking price
$2,500,000
Disclosed · AUD
Revenue (est.)
~$1,227,973
Estimated · comparable listings of this type and size
Net Profit
$289,556
Implied multiple
n/a
Price includes the property
Brief
- Freehold going concern motel on 2.84 hectares with about 8,600 sqm of unused land offering development potential.
- 24 rooms with kitchenette facilities and golf course views over an 18-hole course.
- Five additional rooms currently offline, used for storage, with capacity to increase to 29 rooms after refurbishment.
- Comfort Inn (Choice Hotels) franchise providing operational support, marketing and booking systems.
- Restaurant, bar and function centre currently offline.
- Staffed by two managers, three casual cleaners and one maintenance employee.
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