Address available on request,
Armidale, NSW 2350

Hotel, Motel & Leisure

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Boutique leasehold with 25 year lease in central Armidale | Resort Brokers ID : LH008690

ResortBrokers is pleased to present an outstanding opportunity to acquire the leasehold of a boutique motel featuring 17 well-maintained rooms, including six spacious two-bedroom apartments perfect for extended stays.

With a secure 25-year lease and an impressive 30% return on investment, this property offers excellent long-term stability. Ideally positioned in a central location, the motel enjoys consistent trade and a loyal repeat clientele, evidenced by its solid 8.3 rating on Booking.com.

This is an ideal opportunity for astute buyers, further enhanced by the inclusion of a comfortable owner's residence.

A rare chance to step into a thriving, profitable motel business with immediate appeal.

- Prime location in central Armidale
- Stable year-on-year trade
- Long-term 25-year lease
- Six apartments ideal for extended stays
- Recently refurbished
- Loyal clientele with advance bookings
- Highly rated at 8.3 on booking.com
- Inspections are by appointment only

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Armidale, 2350 demographic data

Armidale and Regional New South Wales have similar median household incomes, at $1,432. Armidale has a younger age profile compared to the rest of Regional New South Wales (median age 36 vs 43). Property ownership data shows 44% of property owners in Armidale have a mortgage.

23,967

Population

$1,432 per week

Median household income

36 years

Median age

Owners

Most residents

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Most households

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