208 DANGAR STREET, Armidale NSW

FOR SALE AS A SECURE LONG TERM PASSIVE INVESTMENT

Phone enquiry code for this property : 7428


This substanial 40 unit purpose built Motel including the Restaurant and Function Centre was opened in 1987 and has been restored to excellent condition due to the many improvements and replacements required having now been completed. All Seasons Motel Armidale is situated on a large site with spacious grounds , a pool and ample on site coach/truck and car parking at 208 Dangar Street on South Hill which is the main entry from the south into Armidale from the New England Highway, just a short walk or drive to the Centre of this University City .
Now offered for freehold sale with a new lease and an excellent experienced tenant in place All Seasons Motel Armidale would suit a buyer looking for a long term hands off investment.The lease has been structured to ensure both the Lessee and Lessors investment remains secure.
Vendors will consider offers circa . $2.95m. with some vendor finance available to approved buyers .
An investment working for both Lessee and Lessor.

Phone enquiry code for this property : 7428

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