Armidale, New South Wales

Unprecedented Motel Lease Opportunity in NSW

SOLD

Business Description

We are very pleased to have been appointed to market the leasehold interest of this motel located in Northern NSW.

With a very solid trading history, consistently high occupancy rates and low maintenance; this is a very rare opportunity to enter the Motel market, in a very tightly held and safe city.

The owners have spared no expense in preparing this 18 room 4 star property to allow a new tenant to continue the high growth trend it has been achieving.

There are 26.5 years left on the lease and the net –rent ratio is among the best that you will find. The owner’s residence features 3 bedrooms, bathroom, living room with office and separate lounge room. The front office is accessed directly from the residence.

This is a very solid business with great financials and plenty left for new owners to apply.
Don’t miss this opportunity, a must to inspect.

Business Summary

Marketing Agent
Jim Beard
Jim Beard

    Key Investment Insights

    1. Rare opportunity to enter the Motel market in a tightly held and safe city
    2. Solid trading history with consistently high occupancy rates
    3. Low maintenance property
    4. Owners have spared no expense in preparing the property for new tenants
    5. 18 room 4 star property with potential for growth
    6. Long lease with 26.5 years remaining
    7. Net-rent ratio is among the best in the market
    8. Owner's residence features 3 bedrooms, bathroom, living room with office and separate lounge room
    9. Front office is directly accessible from the residence
    10. Solid business with great financials
    11. Plenty of potential for new owners to apply their own ideas and strategies
    12. Must inspect to fully appreciate the opportunity.
    Listing location

    This Business is sold

    Listing Tools

    Management Rights

    Receive new listing alerts

    Sign up
    Similar Motels For Sale

    You may also like

    Exclusive - Rare Investment Opportunity - ID 9160
    2.18 Multiplier on the Gold Coast - ID 9166
    High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486
    PRIME TOURISM DEVELOPMENT OPPORTUNITY IN STUNNING NSW SOUTH COAST LOCATION | Resort Brokers ID : FH008462
    Exclusive - Prime Location With Excellent Growth - ID 9157
    Business-Only Opportunity in Brisbane - ID 9165
    Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480
    Exclusive - High Return Management Rights Opportunity - ID 9156
    Exclusive - Prime Location Near Sunnybank - ID 9159
    Exceptional Management Rights Opportunity in Beautiful Scarborough
    Exclusive - High Return Investment Opportunity - ID 9158
    Laguna on Hastings -  Building Manager & Letting Agreement
    A1 Motel - 1P6181
    Calling All Aspiring Homeowners:Guaranteed Income and Work-from-Home Opportunity | Resort Brokers ID : MRC008473
    Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
    Rare Opportunity – First Time on the Market in 20 Years
    Bella Vista 18 Units Long Lease Offers Considered
    Albany Creek Permanent Complex Caretaking only