WA

Armadale

Armadale, address available on request

Price Guide: Buy
Contact Agent
Bedrooms:
8
Bathrooms:
7
Car Spaces:
7

PROFITABLE FREEHOLD BUSINESS and LIFESTYLE

BED and BREAKFAST Established 27 years ago, with the current owners taking the business and building it to new heights over the last 12 years, it's now time to retire and pass on the awards and outstanding rates on offer!

A Very RARE - Income and Lifestyle Change awaits.

Operating as a High end 5 Star Bed and Breakfast, the business is located less than 30 minutes from the CBD, in the beautiful "Heritage Country" known as the gateway to the south, the "Foothills of Perth".

Many guests are travelling through, visiting doctors (Locums) as its 800M from the Main hospital, Tourists, families and friends that want that feel good' relaxed home away from home' experience.

If you love being of service please make an appointment today to view this phenomenal property.

THE BUSINESS:

The property was refurbished in the last 3 years with State of the Art improvements and hence the business has gone from strength to strength, to be awarded "WA Tourism of the Year 2011" and multiple other 5 star ratings from WOTIF, EXPEDIA, HOTELS COMBINED, and very recently the 2018 and 2019 (Qualified already) 5 Star Award on the 2018/19 GOLD LIST.

The latest Awards for 2018 are:

Booking.com: 9.8
Expedia: 5 0ut 0f 5
Wotif: 5 out of 5
Hotels combined: 9.5
Gold Star AAA: 5 Stars

THE FIGURES:

Profits for 2017: $62,141.24
Profits for 2018: $91,882.23
Profits for 2019: can be supplied when required

Being sold Fully Furnished (walk in, they walk out)

This bed and breakfast boasts great occupancy annually, with 30-40% of the business being repeat guests/customers with outstanding referrals.

A Great trade also comes from the local Armadale Hospital, Advising Patients of Accommodation and also many different professionals on many occasions.

Other additional options:

- Live in lifestyle options with a main residence comprising of 4 bedrooms and 2 bathrooms
completely separate from the BnB.
- Zoned R40 so your families future is secure with Land bank options (Potential 9 Unit Site)

So if you are sick of the rat race and have always dreamed of running your own business but with flexible terms then look no further!

This 'Unique Opportunity' is more than a business, but a "Rewarding Gentile Lifestyle" for the fortunate owner.

Don't miss out! Call us today for your private viewing!

*Disclaimer: The living space of the home is approximate only as is the rental yield (approx 7.2% return), which is derived from the 2018 BnB Profit.

Property Type
Commercial
Property Category
Hotel/Leisure
Garages
0
Property Size
320.0 Sqm
Land Size
2424.0 Sqm
Commercial Listing Type
SALE

By appointment

One Agency South
Property Consultant
Call Angela on
0411 278 846
Email

Contact Agent Enquiry