LUXURY ACCOMMODATION BUSINESS for SALE.
Riverview Rise Retreats – is an exciting turn-key, ready to go, high end luxury accommodation business for sale in Mannum SA.
With more than 11 years of trading history, established marketing channels, a strong online presence and easily managed on a part-time basis, Riverview Rise Retreats is INVESTOR READY, and well positioned to capitalize on the opportunities that will accompany SA MOTORSPORT PARK and other tourism attracting developments.
This stunning lifestyle property and business offers luxury, private villa accommodation to discerning guests. Infrastructure includes:
- Three (3) luxury self-contained bed and breakfast villas, offering complete privacy.
- Each villa is self-catering with large enclosed patios, spacious interiors and high quality fit out.
- Situated on approximately 3.2 hectares (subject to boundary realignment), with elevated, panoramic views of the Murray River corridor.
- Guest access to secluded Murray River frontage reserve (two minute drive).
- Stunning scenery and native wildlife offer serenity and relaxation for guests.
- Various add-on experiences (local tours, on site massages and private chef) available from established providers.
- Strongly established Google ranking, social media and web presence.
- Forward calendar of bookings.
- On-line booking service.
- Easily managed by one person or a couple.
Visit the business Websites:
Come and explore inside with Google Maps 3D Vertual Reality
*Please Note – It is highly anticipated that the proximity of Riverview Rise Retreats to #TheBend, will add to the already healthy income of the Retreats.
Location of Riverview Rise Retreats
Riverview Rise Retreats – This Luxury accommodation business for sale is located adjacent the tourism hub of Mannum in South Australia, one hour from Adelaide on the Murray River, or only 30 minutes from the rapidly developing Tailem Bend Motorsport Park ‘The Bend’.
The river town’s small population, of around 2500, and its infrastructure support a thriving tourism industry. Mannum and its close neighbouring towns are an integral part of the Murray River, Lakes and Coorong tourism region due to its close proximity to the river.
The region has been a favourite destination for holidaymakers for over 100 years, and the appeal of the ‘river shack’ has grown into a consistent demand for sophisticated and high end accommodation options to service visitors from Intrastate, Interstate and Internationally. With demand growing, the South Australian Tourism Commission has identified the need for more of this style of accommodation to service anticipated growth.
Investment Options at Riverview Rise Retreats
Operating as a high end, luxury holiday retreat for more than eleven (11) years, the astute investor will recognise the growth potential of this business. Riverview Rise Retreats is offered with a range of investment options:
Investment Opportunity #1 Sale of Land and Business Only
Investor ready, Riverview Rise Retreats will be offered as a going concern pure, business only, sale.
A boundary realignment will create a new 3.2ha allotment and enable the three existing Retreats to be sold together with additional land for future business expansion.
This opportunity will best suit an investor/developer who has an affinity or association with the SA Motorsport Park. Importantly, they will recognise the growing demand for executive accommodation and are #investment ready.
Investment opportunity #1 is offered, as a going concern, at $850,000.
Investment Opportunity #2 – Lifestyle Sale of Land, Business and Homestead
Suited to a lifestyle change, Riverview Rise Retreats can be offered ‘as is’ to an owner occupier.
The existing title provides scope for the Retreats to be sold together with the homestead and ancillary buildings and sheds.
This opportunity would best suit a business owner who would like to owner occupy and self manage the property.
This sale will not require the realignment of existing boundaries.
Investment opportunity #2 is offered at $1.3 million.
Investment Opportunity #3 – Lifestyle and room to grow, sale of two titles
For those purchasers that want more room, Riverview Rise Retreats can include an additional undeveloped title, zoned tourism and recreation.
A second title allows for further tourism development and or privacy buffer for guests and owners alike.
This opportunity is best suited to an owner occupier with a vision for future expansion.
Investment opportunity #3 is offered at $1.42 million.
Managed Investment Option
Are you a hands off investor?
All three investment options can be managed independently by Coorong Realty.
Coorong Realty is an independent holiday accommodation, marketing and management service that can provide investors with peace of mind and a hands off business management option.
Coorong Realty provides a total property management solution including:
Holiday rental property marketing
Accommodation booking service
Repairs and maintenance
Coorong Realty can provide a quotation for accommodation management and marketing services to interested investors.
Download the Riverview Rise Retreat Buyers Prospectus 2018 here.
A current Form 2, which confirms growth in revenue since start up, is available for potential purchasers, after signing a confidentiality agreement.
A Confidentiality Agreement is available from the Managing Agent, Kerry Simcock at Coorong Realty.
From early 2018, The Bend will attract international motorsport enthusiasts and guests for events every calendar week of the year, across a range of disciplines. These guests will demand premium, high-end accommodation within a 50km radius of the racing complex.
South Australian Tourism Commission data has identified a lack of high end tourism accommodation in the region, and the advent of the SA Motorsport Park will sharply increase demand. With construction of the $100M+ development well underway, now is the time to consider the investment and tourism potential of this landmark site.
Just 30 minutes by road, or 10 mintues by helicopter, from ‘The Bend’, Riverview Rise Retreats presents a real opportunity to house high end motorsport enthusiasts.