Adelaide SA

At a Glance:
- Located in popular SA tourist region
- 28 well-maintained rooms
- Lease to 2037
- 7 staff employed
- Proven track record of success Located in the tourist region of the Limestone Coast this motor inn and apartments has been in operation for approximately 35 years. The motel is conveniently located just minutes away from the town centre, which adds to its appeal. This 3-star motel boasts 28 well-maintained rooms and a prime location near the town centre. It's nestled in the region's second-largest city, a hub for limestone caves, aquifers, volcanic craters, and sinkholes, attracting cave divers worldwide. The motel caters to all travellers from their standard single motel rooms, through to deluxe 2-bedroom self-contained apartments with spa baths and is part of the Golden Chain brand of accommodation. Amenities include cable TV, an indoor heated pool, BBQ area, green space, ample parking, conference rooms, free Wi-Fi, and is within 150m to restaurants and cafés. One of the standout features of this business is its simplicity in operation. Notably, this motel operates without an attached restaurant, simplifying management. In the 2022/23 fiscal year, the motel demonstrated a high occupancy rate, exceeding 70%, which reflects its popularity among guests. Revenue increased by 35% during 2022/2023, making it an appealing prospect for potential buyers looking for a business with a proven track record of success. Melanie Winter 0408 085 932 RLA 283100