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: $435,000 Projected
Price: $3,000,000

Listing Agent(s)

Agent Feedback

James was the calm among the storm on a few occasions during negotiations and settlement and has been nothing short of delightful to deal with. He is honest and prompt and very diplomatic in his dealings and I have now watched him go above and beyond on two occasions for us. Couldn’t speak highly enough of our experiences.

- Max and Mandy Smith GUNNEDAH TOURIST CARAVAN PARK

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

James did a great job what were very difficult circumstances. It was not an easy deal and we had a lot of obstacles to overcome, which he handled incredibly well. He was efficient, reliable and I would recommend him to anyone. I don't think the deal would have happened without James! 

- Lyn Weathers
Vendor,
Gunnedah Caravan Park