“Freehold motel, 11 acres with additional development land.”
Clare Valley, centre state location in regional shopping and employment centre. Strong government and medical employment in one of Australia's premier boutique wine regions. Situated on 11 acres. The lease for the motel includes a 5 acre portion of the available 11 acre land, with the remainder 6 acres available to further develop or privately use. A portion of this land is already zoned residential. In addition a further 11 acres on separate title is available for sale.
$121,301 pa nett plus GST($133,432). Lessee pays all outgoings and 75% of council rates. Leased until 2040. The Clare Valley Motel is well maintained with recent upgrades in many areas. The lessee has recently won numerous awards for their excellent management and has recently refurbished many of the rooms. As a prospective landlord the lease looks strong with high standards of management. The business is not for sale at this point in time.
Located just off the main road, only a short 2 minute drive into the centre of town, the motel is set in an elevated position. 33 spacious, well-appointed rooms. Queen, twin rooms and executive (king size bed and 2 person spa). A member of Golden Chain network.
Guest lounge, pool table, salt water swimming pool, indoor and outdoor restaurant.
Close to wineries, the Riesling Trail and the historic townships of Mintaro and Burra.
A beautiful drive only 1.5 hours north of Adelaide and 1.5 hours south of the Flinders Ranges. Clare enjoys many festivals and corporate events being centrally located in the state.
Property Facilities
33 Ground level rooms
King or Queen rooms for singles and couples
Family style rooms
Spa rooms available (Full sized 2 person spa)
"Top of the Hill" Licensed restaurant
Guest Lounge
"Valley Room" function room
Conference facilities
WiFi available
Ample car parking
Parking available for trailers, coaches and trucks
Undercover Guest Barbecue Area
Sparkling Saltwater Swimming Pool
Private scenic walking trail
In summary
This property offer incredible scope for the future, secure investment return and many possibilities with sub division in the future including some residential land. To be sold as a whole or in two non-contingent lots.
Lot 1 11 acres with motel
Lot 2 11 acres bare land
For sale: expressions of interest to close 11.00am, 26th September 2014
Contact: David Cook 0419 837 361
Air Conditioning
Pool
poolinground, Close to Schools, Close to Shops, Garden, Terrace/Balcony
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