Armidale, New South Wales

Boutique leasehold with 25 year lease in central Armidale | Resort Brokers ID : LH008690

$670,000

Business Description

ResortBrokers is pleased to present an outstanding opportunity to acquire the leasehold of a boutique motel featuring 17 well-maintained rooms, including six spacious two-bedroom apartments perfect for extended stays.

With a secure 25-year lease and an impressive 30% return on investment, this property offers excellent long-term stability. Ideally positioned in a central location, the motel enjoys consistent trade and a loyal repeat clientele, evidenced by its solid 8.3 rating on Booking.com.

This is an ideal opportunity for astute buyers, further enhanced by the inclusion of a comfortable owner's residence.

A rare chance to step into a thriving, profitable motel business with immediate appeal.

- Prime location in central Armidale
- Stable year-on-year trade
- Long-term 25-year lease
- Six apartments ideal for extended stays
- Recently refurbished
- Loyal clientele with advance bookings
- Highly rated at 8.3 on booking.com
- Inspections are by appointment only
Date updated: 15 Apr 2025 23:00:02