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Address available on request Armidale, NSW 2350

Address available on request,
Armidale, NSW 2350

Hotel, Motel & Leisure

Price information

Sale

$3,600,000

Key property information

Land area

Car spaces

Parking info

Property extent

Zoning

Tenure type

NABERS

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$220,000
Number of Tenants
1 Tenant
Tenants / Type
Lessee

Private inspections

to arrange a private inspection.

Map

Directions

Investment Motel boasts its unique old world Charm, fitting to the Armidale region. Rental income will also increase CPI this July 2024.

  • Strong Investment opportunity
  • Long ongoing Lease in place.
  • Charming property to add to any portfilo
Motel sits on a corner block with large spacious established grounds offers point of difference and function potential with the restaurant.Variety of room configurations; hosting 24 Units with ample parking. Old world charm throughout the reception, restaurant and bar.
The commercial centre is approximately 900 metres south; as well as
parks, churches and shopping. There are three boarding schools and the University of New England in Armidale. A City with a population of
29,594 is situated at a height of 980 metres on the New England Tablelands, 516 km north of Sydney, 462 km south of Brisbane and 190 km from Coffs Harbour. Armidale is a centre of excellence in education from Primary through to Tertiary levels. Armidale has eight Pre-Schools, nine Primary Schools, six secondary schools, the New England Institute of TAFE and the University of New England. It is serviced by air, rail and land transport, daily return flights to Sydney and Brisbane and all major bus companies run daily to Sydney, Brisbane, Melbourne and Adelaide.
Armidale is located on the New England Highway which is a significant alternative route from Sydney to Brisbane.Tourism is popular with the 4 Seasons offers the beautiful spring and Autumn scenic drives and walking trails. The area has spectacular scenic waterways. Armidale known as the City of churches bringing in its English charm through out the City.

Property ID: 504562636Last Updated: 10 Apr 2024

04095140...
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Address available on request
Armidale, NSW 2350
Prestige Business Sales
148 Gaudrons Rd
SAPPHIRE BEACH, NSW 2450
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