Armidale, New South Wales

Short-term, affordable leasehold motel. Massive price drop | Resort Brokers ID : LH006754

$199,000

Property Description

Perfectly located in the very busy Armidale Motel Strip, this short 6.5 year lease packs a punch. Easily run by one person, with 14 rooms and great cleaning staff. Solid tariffs and returning high occupancy motel, with minimal food & beverage. Top up your super for retirement satisfaction or test the waters with your first small business venture. Either way, this one is sure to impress. Opportunities galore, don't hesitate or it will be gone.



  • Strong occupancy motel

  • Upside through social media marketing

  • Prime CBD location

  • Short lease 6.5 years

  • Easily run by one person

  • Key future bookings in place

  • Property inspections are by appointment only

Date updated: 24 Sep 2021 23:00:07

Property Summary

Business Snapshot

Price: $199,000 Net Profit: $127,908

Motel Information

Marketing Agent
Listing location
Gallery

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