416 Wagga Rd, Lavington, New South Wales

Regional Resort in Major Centre

SOLD

Business Description

HTL Property, acting as exclusive agency, is pleased to present to market Quality Resort Siesta, Albury.

Investment Highlights Include:
• Rare opportunity to secure a highly profitable ‘inland resort’ in major regional city
• 2x restaurants, indoor pool, resort-style outdoor pool, gym, conference rooms and more
• Available to the market for the first time in 40 years
• Positioned upon a significant 17,969sqm land parcel with flexible B4 Mixed-Use zoning
• Strong cashflow with a $5.16m Gross Profit and $1.63m Adjusted EBITDA forecast for FYE 2023
• 88 rooms including spa suites, family rooms, self-contained studios and 2-3 bedroom apartments
• 115 sealed car parking spaces
• Located 333km from Melbourne CBD and 335kms from Canberra
• Albury-Wodonga is one of Australia’s largest regional cities, home to +100,000 residents

Business Summary

Marketing Agent

Nic Simarro

0403 00....

Andrew Jackson

0405 35....

HTL Property

Key Investment Insights

AI generated. Confirm details with the seller.

1. Rare opportunity to acquire a highly profitable "inland resort" in a major regional city.
2. Diverse range of facilities including 2 restaurants, indoor and outdoor pools, gym, and conference rooms.
3. First time on the market in 40 years.
4. Situated on a large 17,969sqm land parcel with flexible zoning.
5. Strong cashflow with a forecasted Gross Profit of $5.16m and Adjusted EBITDA of $1.63m for FYE 2023.
6. 88 well-appointed rooms including spa suites, family rooms, self-contained studios, and apartments.
7. Ample parking with 115 sealed spaces.
8. Convenient location, with Melbourne and Canberra both within a 4-hour drive.
9. Albury-Wodonga is a thriving regional city with a population of over 100,000 residents.
10. Potential for future growth and development opportunities.