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New England Leasehold Motel Priced To Sell - 28 Year Lease! - 62ml For Sale

Armidale, New South Wales, Australia
Asking Price:
LEASEHOLD $575,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Regional City Leasehold Motel directly across from the Bowling Club!

- Easy walking distance to the CBD.

- Fully recovered from COVID impact and having best Trade year yet.

- Annual Turnover in 2022 expected around $500,000.

- Genuine Bed and Breakfast Motel.

- 12 ground floor exceptionally presented units.

- Boutique style Motel.

- No Pool, No Yard, No Evening Meals – a dream to operate!

- 3 bedroom Residence.

- Strong repeat clientele with plenty of upside.

- Family illness necessitates a sale.

- All genuine offers will be considered.

- Don't Miss It!

Armidale, with its unique blend of culture, state of the art technology, educational diversity and natural beauty is a city offering everything worth living for. Widely considered the ‘capital’ of the New England high country, Armidale is centrally located between Sydney and Brisbane. With a cosmopolitan culture, it is a university city that prides itself on being dynamic, progressive and innovative. It enjoys great natural beauty and has a thriving arts and cultural scene. It is the major centre of the Northern Tablelands with a population of over 25,000.

Net profit $200,000 expected

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 62ML (quote when enquiring)

Property Code: 3973

Contact Tourism Brokers

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