Armidale, New South Wales

$1,100,000

Property Description

Unprecedented Motel Lease Opportunity in NSW

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.

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

A B Brokers

A B Brokers

A B Brokers

Jim Beard
A B Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Armidale, New South Wales 2350 Exact map location not provided

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