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DealProspect/Listings/Hospitality & Tourism

40-Room Freehold Motel, Armidale NSW

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$13,000,000
Disclosed · AUD
Revenue (est.)
~$4,444,596
Estimated · comparable listings of this type and size
Net Profit
$1,072,481
Implied multiple
n/a
Price includes the property
Brief
  • Substantial 40-room freehold motel in Armidale, offered as a freehold going concern
  • Regional hub benefiting from strong tariff growth driven by mining, solar and university demand
  • Trading at above 90% occupancy with an established repeat corporate and contractor clientele
  • Ongoing long-stay forward bookings providing revenue certainty
  • Recently refurbished guest rooms requiring no immediate capital expenditure
  • Streamlined operations without restaurant complexity