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Property main details

Business For Sale

  • Sold
  • Accommodation/Tourism

Specifications

  • Property Type
    Accommodation/Tourism

Business For Sale LEASEHOLD MOTEL JUBILEE MOTOR INN NEW PRICE

JUBILEE MOTOR INN MOUNT GAMBIER
Offering 34 units with 3 star AAA Tourism Rating.
Separate Restaurant licensed for 100 persons.
Guest lounge licensed for 85.
Manager's residence consists of 4 bedrooms, 2 bathrooms, office, kitchen, but currently utilising room 23, 24 and the guest lounge.
These rooms could be let for accommodation if not required by managers.
Separate heated indoor swimming pool providing extra income from groups and the general public.
Guest laundry.
Motel is run under semi management, with current owners working a total of 18 hours per week.
The Restaurant is open Monday to Thursday nights only.
Suit husband and wife willing to operate on a full time basis.
Attractive lease terms where if all options were exercised will expire in September 2030.
Opportunity exists for an astute couple with the ability to utilise web style marketing, a fact the current owners admit has been lacking.
Price Reduced to $295,000 plus SAV (approx. $7,500)

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180 Jubilee Highway East Mount Gambier 5290, South Australia
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