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Make Easy Dollars NSW Rental Business For Sale

Armidale, New South Wales
Asking Price:
$450,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$65,000 (AUD)
Cash Flow:
$50K - $100K (AUD)

3 bedroom, 2 bathroom unit in the centre of Armidale. Ready for immediate takeover, with numerous bookings already secured for the next year. Not a huge amount of work, for an impressive profit.
This is an amazingly successful short term rental property, with over 90% occupancy. Financials and any other information available upon request.

Property information

Real Estate:

Real Property Included

Living Accommodation:

3 bedrooms (all with WIR/BIR). BR 1 has large ensuite. Main bathroom is large and has spa and separate toilet. Large comfortable airy lounge. Well equipped kitchen and pantry. Separate laundry with washing machine and dryer. Fully furnished with quality appliances and furniture. A/c throughout.

Location:

Central location. Short stroll to supermarkets and other shops, restaurants, pubs, etc. Around the corner from bus stop. Walking distance to numerous points of interest, including courthouse, museums, etc.

Premises Details:

Located in a small block, on the first floor.

Size in square feet:
1,660

Business Operation

Expansion Potential:

Possibility of purchasing the other unit on the same level, thus being able to cater for much larger groups (something for which there is a need in Armidale).

Competition / Market:

Our place is unique in that it has secure parking, 3 bedrooms and 2 bathrooms. It is closer to town than most competitor's properties, We have advertised it as a "home away from home", which makes it very attractive to both families and workers.

Reasons for selling:

Ready to move on to our next project.

Employees:
0
Years established:
18 months

Other Information

Support & training:

Happy to provide any training and all existing infrastructure. We are set up to make our lives as simple as possible. (We've already made all the mistakes!)

Furniture / Fixtures value:
$20,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD) - included in the asking price
Home based:
This business can be run from home.

Contact Information

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