East Wagga Wagga, New South Wales

Large number of rooms with long lease

$1,950,000

Business Description

The Quality Inn Carriage House is a standout leasehold opportunity, offering 38 well-presented rooms, a long lease to 2051, and a strong net profit exceeding $555,448.
Now operating under new management, the business has seen a clear uplift in performance, with increased trade across both accommodation and functions. This renewed operational focus has driven improved occupancy and stronger utilisation of the motel’s function and conference facilities, positioning the asset for continued growth.

Located in Wagga Wagga, the largest inland city in NSW, the motel benefits from a diverse and reliable guest base. Corporate travellers dominate midweek trade, supported by strong demand from government, military, and agricultural sectors, while weekends attract a growing leisure market.

Averaging around 70% plus in occupancy with projected TO for this year bing $1,620,064 the. leasehold is going to market at $1.95m

The property offers a broad range of guest amenities including a swimming pool, tennis court, barbecue area, room service, function and conference spaces, and an onsite restaurant catering to both guests and locals. Positioned along the banks of the Murrumbidgee River, the motel provides a relaxed, resort-style environment that enhances guest appeal.

Additional value is provided by a spacious four-bedroom owner’s residence, suitable for onsite management or operator accommodation.

With proven performance, recent operational improvements, and clear upside in both accommodation and functions, this is a compelling opportunity to secure a high-performing leasehold business in a major regional NSW centre.

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Energy Features

Energy Rating: 6

Marketing Agent

Chris Kelly

0431 05....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. 38 well presented rooms supported by a long lease extending to 2051.
2. Reported net profit exceeds $555,448, with projected turnover of $1,620,064 this year.
3. Recent management changes have increased accommodation and functions trade, occupancy and conference facility utilisation.
4. Approximately 70% plus occupancy demonstrates established demand across accommodation operations.
5. Corporate midweek demand is supported by government, military and agricultural sectors, while weekends attract leisure guests.
6. Guest amenities include a swimming pool, tennis court, barbecue area, room service, restaurant and function facilities.
7. A four bedroom owner’s residence supports onsite management or operator accommodation.
8. Located beside the Murrumbidgee River in Wagga Wagga, offering a relaxed, resort style setting in a major regional centre.