• 1P3552
  • Accommodation/Tourism
  • For Sale
  • 665 sqm


Must@Coonawarra Apartments and Cottage - Leasehold and Business for Sale
The Must@Coonawarra and Cameron's Cottage offers an ideal opportunity to operate and own your own profitable business in the beautiful South East of South Australia.

Located in the very popular tourist town of Penola, adjacent to the world-renowned Coonawarra wine district, this luxury motel offers modern accommodation facilities.

Major features include:

- Combination of studio and spa apartments available
- 9 luxury apartments - all ground floor with private decks
- Apartments built in 2006 and recently refurbished
- 1 historic restored 2-bedroom cottage with outstanding gardens
- Fantastic separate manager's residence
- Environmental sustainability initiatives
- New heat pump, water heaters and air-conditioners
- Guest laundry and pet friendly
- Excellent outdoor BBQ facilities together with fire pit
- Main reception with business facilities for guests
- Long lease in place with a market rental
- Not a cent to spend

Must@Coonawarra has excellent exposure on the main street of Penola and offers large, modern, clean luxury accommodation with excellent furniture and equipment.

Located on the doorstep of the Coonawarra vineyard strip, take advantage of the picturesque tourism town of Penola and the booming tourism growth.

The business is easily operated by a couple or family and is a profitable business with an asking price of $475,000 plus SAV.

For further details or to arrange an inspection of Must@Coonwarra and Cameron's Cottage contact Grant Clarke of McGees Property (RLA 1722).


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