Armidale, New South Wales

Perfect owner operator Leasehold Motel | Resort Brokers ID : LH008150

$520,000

Business Description

ResortBrokers presents a prime opportunity to acquire a centrally located motel leasehold, within walking distance to restaurants, clubs, and shopping precincts. With 14 spacious rooms appealing to a diverse clientele, this asset offers great potential for growth. The possibility for lease extension and the rare price point for such quality make it an ideal entry-level investment or addition to current holdings. With local councils focused on tourism and efficiencies ready for a savvy operator to optimize, this opportunity is ripe for the taking.

- Centrally located asset within walking distance of popular dining and entertainment venues
- Asset features 14 expansive rooms catering to a diverse clientele
- Opportunity for operational enhancements for the discerning investor
- Located in a region with a tourism-focused local council
- Ideal for first time motel investors as an addition to existing portfolios
- Uncommon asset quality at this price point
- Potential for property expansion
Date updated: 07 Apr 2024 23:00:19

Business Summary

Business Snapshot

Price: $520,000 Net Profit: $154,599
Marketing Agent
Joshua Roberts
Joshua Roberts

Listing location
Gallery

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