Wagga Wagga, New South Wales
Exclusive Leasehold for Sale in Prime Central Wagga Wagga Location | Resort Brokers ID : LH008612
$1,300,000
Business Description
ResortBrokers is delighted to bring to market the Lincoln Cottage Motor Inn in Wagga Wagga. This leasehold opportunity offers a 30-year term with a projected net return of $371,458. The motel features 22 rooms and has shown consistent year-on-year growth. Positioned on a major thoroughfare, it benefits from proximity to key amenities and industries, making it a prime choice for business and leisure travelers.
- Exclusive leashold in central Wagga Wagga on major thoroughfare
- 30-year lease term remaining
- Projected net return of $371,458
- 22 rooms with attached management quarters
- Consisten year-on-year growth
- Operated by a husband and wife team
- Second largest regional city after Canberra
- Supported by major industries like Defence, Hospital and University
- Inspections by appointment only
Date updated: 19 Feb 2025 22:00:01
Business Summary
Business Snapshot
Price: $1,300,000
Net Profit: $371,458