Armidale, NSW 2350

Region: NSW - New England

Sale Type: Motels - Leasehold

For Sale

$650,000

Profit: $196,614

NEW ENGLAND LEASEHOLD MOTEL, 12 ROOMS WITH GREAT NET PROFIT FOR SALE

On offer is the leasehold interest of this boutique Motel, located in Armidale in the New England district of NSW.

The motel boasts 12 rooms, all ground floor and furnished to a very high standard.

This is a true B & B Motel, with breakfasts being the only meal service offered.

The property is directly opposite the Bowling Club and a Hotel is a few paces away.

Repeat business from both the leisure and Corporate sectors ensure the high occupancy of the Motel.

There is a very comfortable and spacious 3 bedroom Manager’s residence.

Workload is low as there is no lawn and no pool.

Details

  • Listing ID: R2-1929145
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - New England
  • Suburb: Armidale, NSW 2350

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