NSW Armidale Leasehold Motel, Excellent return in prime location

Very well maintained and presented motel in one of NSW's best accommodation regional centres.

Enjoys prime location at the heart of Armidale, restaurants, cafes, boutique shops, art galleries, shopping malls, and clubs are all within 5 mins walk, being one of the closest Armidale Motel to the city center.

Key points:

  • Excellent Return under full management
  • New secured 5 yrs lease with other 2 options of 5 yrs. Total 15yrs lease
  • 19 rooms including 2 self-contained bedrooms cater to the needs of all clients.
  • Recently painted and well maintained
  • 2 onsite Manager’s bedroom with full kitchen facilities and a large dining area - great for family or husband and wife business team
  • Ideal for 188 visa investors

All rooms are well-appointed and are fully air-conditioned and have flat-screen televisions. Guests have access to the guest laundry, free Wi-Fi and Foxtel.

Location: Approximately halfway between Sydney and Brisbane and two hours inland, it is Australia’s highest city, Armidale’s elevation gives it a mild climate, with pleasantly warm summers, extended spring and autumn seasons, and ‘log-fire’ winters with some frosty nights.

Armidale is a cathedral city, being the seat of the Anglican and Roman Catholic bishops of Armidale. With its grand architecture and impressive cathedral spires that dominate the Armidale skyline, it is one of the most beautiful cities in NSW.

The reputation of the city as a leading education centre was forged with the founding of the University of New England, the first university outside an Australian capital city.

Your inspection of this excellent and consistent trading motel is strongly recommended as you will not be disappointed. Call us today to organise an inspection or discuss this exceptional and rare opportunity.

Price: Leasehold $669,000

For further information on this opportunity, please contact the undersigned:

Bruce Coudrey
Senior Business Broker
Benchmark Business Sales and Valuations
M: 0411 226 888 T: 1300 366 521 E: bruce@benchmarkbusiness.com.au

If you would like to know more about the business complete our online
confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-3277 

Or go to our website www.benchmarkbusinsess.com.au and use the reference #3277 to search for the business

Benchmark Business Sales and Valuations
The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Accommodation and Tourism, Accommodation, Hospitality, Motel

State NSW
Price $669,000 Leasehold
Property Type business
Property ID 3277
Category Accommodation/Tourism

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Bruce Coudrey

0411226888
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