Travelway Motel-Licensed Restaurant....Business & Residence and a huge 4,202 m2 of Freehold Land....This is a bargain at only $2.1 Million + SAV
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The ultimate “sea-change”.... This is a huge opportunity to acquire a thriving motel which is part of the “quality assured” ARRA Accommodation Group and Budget Motel Chain. We boast industry-leading occupancy rates and a brilliant TripAdvisor rating.
Travelway is a 30 unit motel situated in the CBD of Port Pirie. We are only two streets away from the main road yet we are in quiet, tranquil surroundings. Within walking distance to the shops, theatre, cafes, restaurants, museums and MORE, it’s no wonder Travelway is the number #1 stop for travellers and visitors alike.
Established in 1965, the hugely successful motel is being sold Freehold and is situated on 4,202m2 of prime CBD land and also includes a wonderful four bedroom residence. The motel boasts a popular full- licensed restaurant with seating for 60 patrons and is famous for its delicious “melt-in-your-mouth” steaks.
Features of this extraordinary opportunity include:
- Very well-known motel, branded as part of the “Budget Motels” chain
- Member of the “Quality Assured” ARRA Accommodation Group
- Established in 1965, with current owners operating for over 33 years
- Profiles on Trip Advisor, Wotif, Trivago, Booking.com, Expedia, Kayak and MORE!
- Centrally located in Port Pirie’s CBD
- Selling as Freehold with approximately 4,202m2 of CBD land
- Fully-licensed restaurant with seating for 60 patrons
- Beautiful 4 bedroom residence (adjacent to the motel) included in the sale
- Very well established marketing in place including; sponsorships of main events, local press, travel brochures, local maps, website, promotional products, plus a huge online presence
- Reception and restaurant were fully renovated 5 years ago and present as new
Known as the “City of Friendly People”, Port Pirie is just two hours north of Adelaide and is the gateway to the Southern Flinders Range. As SA's first proclaimed provincial city, Port Pirie has a diverse history, a proud multicultural heritage and a well-earned reputation as a friendly city. The diverse nature of the region lends itself to a wide cross-section of economic, social and sporting activities and lifestyle options for residents, tourists and business interests.
This truly is an extraordinary opportunity to acquire the freehold of a very well-branded and successful motel which is part of the trusted Budget Motel chain. Opportunities like this don’t come along everyday so don’t delay! For more information on this outstanding motel business please call the number above, TODAY!