Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity
Stars Align for Rare Central Armidale Freehold Opportunity

Stars Align for Rare Central Armidale Freehold Opportunity

$3,000,000 FIRM Exclusive

This perfectly located 3.5 star self-rated, 40 room motel is located in the CBD of Armidale NSW. The current business owners have stabilised clientele and repeat business.

Key Features

  • Solid 40 room freehold going concern opportunity 

  • Centrally located a gentle walk from the CBD, hospitals, café’s, restaurants, 
pubs, clubs etc. 


  • 3.5 star self-rated 

  • Revenue upside - 40 seat restaurant currently catering for continental breakfasts only 

  • Recent $100,000 plumbing refurbishment 

  • 20 new reverse cycle AC units in all queen/family rooms - $40,000 

  • Obvious ability to set this property up for a secure passive investment with leaseholder 


                           

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004956
Property Type: Motel
Region: NSW - North West
Suburb: Armidale
Sale Type: Freehold Going Concern
Net Profit: $405,460
Price: $3,000,000 FIRM

Listing Agent(s)

Agent Feedback

James was a pleasure to deal with from start to finish (12 months) during a difficult and convoluted deal involving 3 tranches and many changes to the originally agreed transition; I would have no hesitation in recommending him as a hospitality broker.

- Chris and Luisa Lloyd
Vendor ,
Mantra Quayside Apartments

When James Carrick listed our property he had not long been with Resort Brokers. We found him to be thorough in his listing, professional in attitude, diligent in providing us with regular updates and his negotiating skills came to the fore when closing the deal. James’ manner was always pleasant and his honest refreshing. We were very happy with the final outcome and would have no hesitation recommending James to anybody that would like to offer their property for lease or sale.

- Klaas Pruys & Christina Pike
Vendor,
East Port Motor Inn

We found James to be straight to the point and delivered on everything he said. James was prompt in regards to getting back to us on matters of importance and quickly achieved the price at which he appraised our property. In summary we found James very comfortable to work with to achieve our common goal, a sale.

- The Hanlon's & The O'Donnell's
Vendors,
Rockpool Motor Inn South West Rocks