Substantial 40-Room Freehold Motel - 90%+ Occupancy in Thriving Regional Hub
City Centre Motel Armidale offers an outstanding opportunity to acquire a substantial 40-room freehold going concern in one of regional New South Wales' strongest accommodation markets.
City Centre Motel Armidale offers an outstanding opportunity to acquire a substantial 40-room freehold going concern in one of regional New South Wales' strongest accommodation markets. Consistently achieving occupancy above 90%, the business is underpinned by a diverse mix of corporate travellers, contractors, long-stay guests and tourists, delivering reliable year-round income. Recent room renovations have enhanced the property's appeal, while Armidale's ongoing infrastructure investment, renewable energy projects, mining activity and the presence of the University of New England continue to drive strong accommodation demand. Operating under a professional management structure, the motel provides an ideal turnkey investment with immediate cash flow and minimal day-to-day involvement. This presents further upside depending on the incoming purchaser's operational model. Set on a generous 2,687 sqm freehold site, the property includes a comfortable two-bedroom owner's residence and offers significant future upside. A fully equipped commercial kitchen and fitted dining area, currently not in operation, present an excellent opportunity to introduce food and beverage or catering services and further increase revenue. With a range of well-appointed accommodation, including Queen Studios and Family Rooms with kitchenettes catering to extended-stay guests, the motel is well positioned to capitalise on continued tariff growth and strong forward bookings. Combining scale, recent capital investment, proven trading performance and multiple value-add opportunities, City Centre Motel Armidale is a compelling acquisition for investors, experienced operators and owner-managers alike.
- Net profit
- $1.1M
- Asking price
- $13M
- Freehold Going Concern
The business at a glance.
- Hub experiencing strong tariff growth driven by mining, solar and university demand.
- Substantial 40-room scale in a major regional accommodation market.
- Ongoing long-stay forward bookings providing revenue certainty.
- Trading at above 90% occupancy with established repeat corporate and contractor clientele.
- Recently refurbished guest rooms requiring no immediate capital expenditure.
- Streamlined operations without restaurant complexity.
- Long-standing business with proven guest relationships and market reputation.
- Inspection by appointment only.

The asset, the manager unit, the location.
Armidale, NSW
Armidale, NSW
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Joshua Roberts
Specialist Accommodation Broker, NSW Mid North Coast & New England
0439 654 464
02 9904 8224
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Run the numbers yourself.
Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.
Request appraisalIndicative total$5,576,901
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