101 Dumaresq Street, Armidale, New South Wales

A strong performing leasehold Motel

$559,000

Property Description

Location to :
Sandstock Motor Inn is the perfect Motel for Location, Location, Location
Situated in the business centre of beautiful Armidale. Part of the New England Region New South Wales.
Armidale is the half way stop-over between Brisbane to Sydney.
University, Private Schools, Growth in the building Sector.

Location within Town:-
. Across the road from the busy Armidale Bowling Club. ( Caterers for Conferences, Entertainment and Bowls Competitions). Fine bistro with chargebacks in place.
. 5 minute walk to an array of Restaurants, Take aways, Hotels, Coles Supermarket, Petrol stations.
. Just park your car and walk to everything you need.
. Quiet - As rooms are situated behind residence.

Motel Description:-
12 Rooms - 1 x Queen Semi- Disabled room
6 x Queen Rooms
3 x Twin Rooms (queen and a single)
1 x Queen - Double Room
1 x Family Room ( queen and 2 singles

2 storey - 3 bedroom Residence with connected 2 way bathroom toilet to main bedroom upstairs, with back office, Lounge, dining and kitchen downstairs with downstairs toilet.
Large reception area working with computerised booking system through " SATIN ".
This is a strong performing Motel business that ticks all the boxes.

A strong performing Motel that caters for -
. Reps
. Conference goers
. Hospital Day surgeries -
. Parents and families for School Events - University Graduations both ON campus and OFF campus
. Sporting Events
. Road worker, builders, Health workers etc
. Travellers( situated half way between Sydney & Brisbane

Occupancy Average over past 4 years 77%
An Inspection will not Disappoint.
This Motel is "Perfect" for first time Moteliers as so easy to run with limited upkeep.
Current managers will stay on after settlement for a short time as managers if needed.

Property Summary

Motel Information

Total Rooms: 12Liquor Licence: NoRestaurant: NoLease: LeaseholdLease Term: 19 years
Marketing Agent
Glenn Childs
Glenn Childs

Sandstock Motor Inn

Sandstock Motor Inn

Listing location
Gallery

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