Armidale, New South Wales

Magnificent Armidale Leasehold Motel | Resort Brokers ID : LH007023

$650,000

Property Description

Located in the heart of Armidale, sits this prestigious, 24 room leasehold motel, featuring highlights of yesteryear. Consistent performer year in year out, with strong tariffs, solid turnover and high net profit. This property has been well maintained over many years providing an excellent opportunity to purchase a successful leasehold business that oozes charm. Great Chef who runs the kitchen and is happy to stay on. Regular coach trade, repeat guests, reps, corporates and leisure tourists make for a well rounded business. Enquire today, you won't be disappointed.



  • Strong tariffs

  • Consistent turnover

  • Great location at the top of the CBD

  • 25 years on lease

  • Multiple revenue streams

  • 24 well appointed spacious units

  • Excellent staff in place

  • Only undercover parking in Armidale

  • Extremely well maintained premises

  • Property inspections are by appointment only

Date updated: 23 Jan 2022 22:00:10

Property Summary

Business Snapshot

Price: $650,000 Net Profit: $288,000

Motel Information

Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

1262ML - BOUTIQUE LEASEHOLD MOTEL TAMWORTH!
Tourism Brokers
1262ML - BOUTIQUE LEASEHOLD MOTEL TAMWOR...

TAMWORTH

LEASEHOLD $595,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

2669ML - UNIQUE NEW MOTEL LEASEHOLD!
Tourism Brokers
2669ML - UNIQUE NEW MOTEL LEASEHOLD!

QUIRINDI

LEASEHOLD $695,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

BOUTIQUE MOTEL on the beautiful Mid North Coast
Ocean Breeze Motel
BOUTIQUE MOTEL on the beautiful Mid North...

PORT MACQUARIE

$650,000 Leasehold

Total Rooms: 10
Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Sought after leasehold motel business in Mid North Coast regional centre
Swansea Motor Inn - 1P5411
Only 750m to this Sunshine/Cooloola Coast City's Major Hospital - 1P5442M
RESORT OPPORTUNITY ABSOLUTE BEACHFRONT!! 457K Net profit.
SAPPHIRE COAST LEASEHOLD MOTEL WITH MAGNIFICENT VIEWS | Resort Brokers ID : LH007076
Waterfront Off The Plan MR on the Redcliffe Peninsula - $338K projected net | Resort Brokers ID : OTP007090
Bullet proof Warwick performer | Resort Brokers ID : LH007088
High performing holiday letting business in boom Southern GC location! | Resort Brokers ID : MR007084
1838ML - GATEWAY TO THE GRAMPIANS GEM
27 High Quality Rooms with Huge 3 Bedroom/2 Bathroom Residence Overlooking the Golf Club Fairways - 1P5440M
STUNNING MANAGEMENT RIGHTS COMPLEX IN THE HEART OF MOOLOOLABA.
Outstanding 25 room Freehold Motel in Biloela | Resort Brokers ID : FH007086
New Lease on Large Tourist and Cabin Park in a popular tourist destination | Resort Brokers ID : LH007083
Brand new 30 yr lease - 41 room fully refurbished regional motel and restaurant | Resort Brokers ID : LH007078
Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA | Resort Brokers ID : FH007077
Business For Sale - The Perfect Beachside Location - ID 9042 BL
Business For Sale - Rare Opportunity in Prime Location - ID 9043 BL
UNIQUE MANAGEMENT RIGHTS IN HERVEY BAY WITH SOLID ROI | Resort Brokers ID : MR007060