Wagga Wagga, New South Wales
Sit Back, Earn Well, Invest Smart With This Quality Investment - 1419MI
SOLD
Business Description
Looking for a smart, steady investment that works while you relax? Discover this established motel and hospitality icon in the heart of Wagga Wagga, now open to passive investors.
This is your chance to share in the returns of a high-demand regional accommodation asset without the hands-on headaches. Whether you're diversifying your portfolio or stepping into commercial property for the first time, this Motel offers security, heritage charm, and consistent returns.
- Premium quality offering in sought after city.
- Brilliant location in Wagga Wagga CBD.
- 32 good sized rooms various configurations.
- High quality refurbished residence.
- Earn without lifting a finger with an excellent tenant in place.
- Strong trading history.
- Long lease in place 20 years - CPI yearly.
- Reception, bar and outstanding restaurant fully renovated and firing.
- Small conference area.
- Outdoor saltwater pool.
- Well maintained property inside and out including rooms and recent exterior painting.
- Annual Rent $296,495 (plus GST) as at September 2025.
- All outgoings paid by tenant.
- Rare opportunity don’t miss out.
Inspections by appointment Only!
Wagga Wagga is the centrepiece of the NSW Southern Riverina area with a population heading towards 70,000. It is a sought after locations for motels due to the strength of the local economy. Agriculture is the primary driver, as well as three Defence Bases, Charles Sturt University,Health Facilities and Governments Departments. Wagga also sits on the Sturt Highway which makes it a stopping point for Sydney Adelaide commuters.
Annual Rent: $296,495 as at September 2025
Contact Graham from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1419MI (quote when enquiring)
Property Code: 5191
Business Summary
Key Investment Insights
1. Passive income model with an excellent tenant in place, allowing hands-off ownership and management.
2. Long secure lease of 20 years with annual CPI increases, providing predictable rental escalation.
3. Annual rent $296,495 plus GST as at September 2025, offering clear current yield metrics.
4. Tenant pays all outgoings, reducing owner operational and variable cost exposure.
5. Prime Wagga Wagga CBD location, enhancing demand and visibility for regional accommodation.
6. 32 good-sized rooms in various configurations, supporting diverse guest segments and occupancy optimisation.
7. Strong trading history, indicating established revenue performance and market acceptance.
8. Recently renovated public areas including reception, bar and restaurant, increasing appeal and F&B revenue potential.
9. High-quality refurbished residence and well maintained property, including recent exterior painting, reducing near-term capital expenditure.
10. Onsite amenities including a small conference area and outdoor saltwater pool, broadening appeal to business and leisure travellers.
11. Location fundamentals supportive of sustained demand, with a catchment nearing 70,000 people and economic drivers including agriculture, three Defence bases, Charles Sturt University, health facilities, government departments and the Sturt Highway transit route.
