Armidale, New South Wales

EXCEPTIONAL NEW ENGLAND LEASEHOLD MOTEL! HUGE 40% RETURN! - 2176ML

SOLD

Business Description

- An exceptional modern superbly built, 4-star Bed and Breakfast Motel.

- Absolutely zero cooking required.

- Centre town location in popular New England City.

- Excellent Trade with very strong tariffs.

- Fully independent 4-bedroom residence with private yard.

- Arguably one of the best Motel residences available.

- Trading back to pre-COVID 2018/19 numbers.

- Long term ownership, primarily under management, is selling due to retirement.

- A sustainable Net Profit showing a 40% Return on Investment!

- It's a must to inspect!

We are pleased to reposition to market this superbly constructed motel business and work from home lifestyle, in the centre of Armidale. Nearing back to the peak of its powers post mother nature’s challenges. Vendor is poised to retire from the industry after many years.

Net Profit: $200,000 plus expected under normal trading



Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2176ML (quote when enquiring)

Location: Armidale, with its unique blend of culture, state of the art technology, educational diversity and natural beauty is a city offering everything worth living for. Armidale is situated half way between Sydney and Brisbane and only two hours from the coast, it enjoys a warm summer, tones of amber during the autumn, a crisp winter and an exhilarating spring. An attractive and graceful city of tree-lined streets where new world cosmopolitan and old world pastoralism coexist. It is the major centre of the Northern Tablelands with a population of over 25,000.

The New England region is renowned for its world class fine wool and beef production, and Armidale is home to at least 14 different Cattle Breed Societies. The region is also developing a reputation as a producer of high quality wines.

Armidale has long been known as an educational and cultural centre. It is home to the University of New England and several private boarding schools. The city and surrounds are graced with elegant cathedrals, churches and pastoral homesteads, historic monuments, heritage buildings and fascinating museums and galleries.

Property Code: 1899

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

1. The motel is located in a popular New England city, providing a central and convenient location for guests.
2. The business has strong trade and high tariffs, indicating a successful and profitable operation.
3. The motel includes a fully independent 4-bedroom residence with a private yard, offering a comfortable and convenient living situation for the owners.
4. The residence is considered one of the best motel residences available, adding value to the overall business.
5. The business is currently trading back to pre-COVID 2018/19 numbers, indicating a strong recovery from any previous challenges.
6. The long-term owner is primarily under management and is selling due to retirement, providing an opportunity for new ownership.
7. The business has a sustainable net profit showing a 40% return on investment, making it a financially attractive opportunity.
8. The property is a must-see for interested buyers, offering a unique and desirable lifestyle.
9. Armidale is a vibrant and culturally rich city, offering a range of amenities and attractions for both residents and visitors.
10. The New England region is renowned for its fine wool and beef production, as well as its developing reputation for high-quality wines.
11. Armidale is home to the University of New England and several private boarding schools, making it a hub for education and culture.
12. The city and surrounding areas are filled with elegant cathedrals, churches, and historic monuments, providing a charming and picturesque setting for the business.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

SMALL, AFFORDABLE LEASEHOLD! OWNERS COMMITTED ELSEWHERE - 973ML
Tourism Brokers
SMALL, AFFORDABLE LEASEHOLD! OWNERS COMM...

NARRABRI

LEASEHOLD $360,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

BOUTIQUE MOTEL on the beautiful Mid North Coast
Ocean Breeze Motel
BOUTIQUE MOTEL on the beautiful Mid North...

PORT MACQUARIE

$495,000 Leasehold - Genuine Purchasers Only

Total Rooms: 10
Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

AN INCREDIBLE OPPORTUNITY WAITS FOR YOU - 217ML
A LEASEHOLD THAT OFFERS PLENTY! - 503CPL
Location & Upside - Excellent Leasehold Holiday Park sure to impress!
AMAZING VIEWS, GREAT BUSINESS, PERFECT LIFESTYLE
EXCEPTIONAL DUBBO FREEHOLD GOING CONCERN - 476MF
Ritz Backpackers
Attractive Motel in Prime Location
AFFORDABLE BED & BREAKFAST LEASEHOLD MOTEL WITH PLENTY OF APPEAL! - 646ML
Investment Opportunity of a Lifetime!
Motel with Impressive Trading Numbers and Forward Bookings - 1P5976M
ICONIC EAST COAST RESORT - Freehold & Business For Sale
BIG4 Cane Village Holiday Park Bundaberg
Bay Side Beautiful This Could be You
FREEHOLD MOTEL - 29 ULTRA MODERN ROOMS IN THE HEART OF GYMPIE, QLD | Resort Brokers ID : FH008149
 FREEHOLD MOTEL - 39 ULTRA MODERN ROOMS IN THE HEART OF GATTON, QLD | Resort Brokers ID : FH008164
PALM BEACH BLUE-CHIP PERMANENT RESIDENTIAL PROPERTY | Resort Brokers ID : MRB008193
Highly Profitable Disability Care Services Business, Port Stephens
Centretown Motel - 1P5988