Key Investment Insights
AI generated. Confirm details with the seller.
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.