Armidale, New South Wales

62ML - NEW ENGLAND LEASEHOLD MOTEL PRICED TO SELL- IT’S GOT THE LOT!

LEASEHOLD $550,000

Property Description

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

- Easy walking distance to the CBD.

- All indications are that it will recover strongly from the double COVID-19 impact.

- Genuine Bed & 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.

- 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

Property Summary

Motel Information

Marketing Agent
David Head
David Head

Listing location
Gallery

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