100 Dumaresq Street, Armidale, New South Wales

$595,000

Property Description

19 ROOM MOTEL LEASE FOR SALE IN NEW ENGLAND N.S.W.

We are proud to have been appointed as EXCLUSIVE Brokers to market the leasehold interest of the New England Motor Inn, located in Armidale, NSW.

This is a 19 room Motel with 2 self contained family rooms.

The Motel has recently been painted and ongoing maintenance has it presented in excellent condition.

With growing occupancy and revenue, the Motel is ready for the next owners to capitalise and continue to increase the value of the business.

It is located next door to the Bowling Club and Opposite a Hotel, so meals are just a short stroll away.

The property is currently run under Management but it would suit hands on owners as well.

Book an inspection now.

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

A B Brokers

Chris Rowe
A B Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

100 Dumaresq Street, Armidale, New South Wales 2350

Similar Properties

MOREE
893ML - Big Leasehold, Big Return, Small...

Leasehold $640,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

TENTERFIELD
Iconic New England Motel - Whopping 39% ROI...

Leasehold $475,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers