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Address available on request Armidale, NSW 2350

Address available on request,
Armidale, NSW 2350

Hotel & Leisure

Price information

Sale

LEASEHOLD $650,000

Key property information

Land area

Floor area

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54ML - BOUTIQUE NEW ENGLAND LEASEHOLD MOTEL - A MUST TO INSPECT!

- Boutique Leasehold Motel in a picturesque New England City.

- This unique 3.5-star property is set on the historic grounds, built in the 1800’s.

- 24 well-appointed rooms all ground floor suites with undercover parking available for each.

- Popular Bar and Restaurant.

- An opportunity to sublease the restaurant should you choose.

- Long lease in place.

- The business is tracking well after the COVID restrictions.

- Modern 2-bedroom residence upstairs, with additional ground floor large living.

- This an exceptional Motel business with an excellent history and standing in the community.

Turnover: $845,709 expected for 2020/21


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

Property ID: 54ML (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 halfway 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.

Property Code: 3762

Additional information

Property ID: 503813914Last Updated: 8 Nov 2021

04386635...
realcommercial.com.au logo
Address available on request
Armidale, NSW 2350
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
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