Armidale, New South Wales

$1,300,000

Property Description

New England Freehold Motel for Sale

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 brm 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 returning to former trading history for 2017 and potential for further improvement. Inspection will reveal the high quality of this Motel.
Owners are ready for retirement and are priced to meet market expectations, providing an excellent purchase opportunity for new operators to benefit from.
Inspection won't disappoint.
Nett $180,000 TBC

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

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Jim Beard
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Map Location ( get directions )

Armidale, New South Wales 2350 Exact map location not provided

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