Armidale, New South Wales

New England Freehold Motel

SOLD

Business Description

Located in the picturesque, wealthy and bustling New England area. This 15 room, all ground floor motel offers a solid based business in a well-presented and maintained property. A good variety of accommodation with choice of family rooms, twin rooms, doubles, and singles to cater for all clientele. A large, separate 3 bedroom residence including 3 bay garage, carport and private yard provides privacy and comfort for the operators. Situated close to the University and boarding schools the Motel is popular with both travelers and reps. Current owners of 15 years have continued working hard to build a strong repeat clientele base which sees business recovering and efforts paying off.

Property Code: 276

Business Summary

Marketing Agent
Premier Business Sales

Premier Business Sales

Key Investment Insights

1. Freehold 15-room motel, offering ownership of land and buildings as an investment asset.
2. All ground-floor layout, simplifying guest access, cleaning and maintenance operations.
3. Diverse room mix including family, twin, double and single rooms, enabling broad market appeal.
4. Well-presented and maintained property, reducing immediate capital expenditure risk.
5. Large separate three-bedroom residence for operators, providing on-site privacy and convenience.
6. Three-bay garage, carport and private yard with the residence, supporting owner accommodation and storage needs.
7. Located in a picturesque, wealthy and bustling New England area, enhancing demand and room rate potential.
8. Proximity to university and boarding schools, producing steady demand from students, staff, visiting families and reps.
9. Popular with travellers and sales representatives, indicating reliable corporate and transient revenue streams.
10. Long-term ownership of 15 years with a strong repeat clientele base, demonstrating established reputation and recovering business performance.
Listing location
Gallery

This Business is sold

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