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: $850,000 Projected
Price: $3,000,000

Listing Agent(s)