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.
- 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
||NSW - North West
||Freehold Going Concern