Wagga Wagga, New South Wales

$1,395,000 Leasehold

Property Description

1403ML - Stable Money Maker

  • 4 star motel consisting of 22 executive style units and 6 spacious self-contained villas/apartments that can sleep 4 to 6 people.
  • B&B motel with ease of access to restaurants and established chargebacks.
  • Licenced venue with ability to have enhanced room service ofering and grow for business.
  • Awarded the Trip Advisor 2016 Certificate of Excellence.
  • Good reliable stable business with upside.
  • Money making opportunity.
  • Long term lease.
  • Approximately 200 metre walk to Wagga Wagga Hospial and benefit from the recent $282million upgrade works.
  • Great highway exposure.
  • One of the closest motel to Kapooka Army Base for families visiting graduates.
  • New profile signage at the property.
  • Executive and rare three bedroom residence.
  • Reception area to be proud of with seperate back office.
  • Commercial centre island kitchen.
  • Inground pool for guests

This motel represents an excellent opportunity to build on the existing momentum established by the current operators. Make it yours now! Largest city in regional NSW with strong growing resilient economy. Located in the centre of extensive medical facilities serving the entire Riverina. Many education and all sporting facilities including Charles Sturt University, colleges, schools, training, aquatic centre. Army base, Air Force base, busy Regional airport with Rex Airlines pilot training. Strength and support of Best Western branding and membership of this worldwide chain.

Offering the leasehold of this superbly presented 22 unit motel plus 6 modern ground floor two bedroom 'villa-styled' apartments in the heart of Wagga Wagga's hospital and medical district, located on the Sturt Hwy. This motel is very popular with commercial travellers and tourists, and is centred in the medical precinct which constantly requires accommodation at all times throughout the year. Wagga Wagga provides essential medical services to the entire Riverina and South-west regions of NSW.

In summary, this would be one of the best motel / apartment complexes in Wagga Wagga, where quality motel businesses are tightly held.

With the security of the non-seasonal booming medical precinct and consistent repeat business from all other sectors, we are pleased to offer this outstanding business opportunity for your consideration.

The Video Tour button button on the right will show you what I look like - impressive by day and magical by night and the YouTube url below will let you see me from the air with the latest 'drone' photography.

https://youtu.be/vpJWPrZ0qcc

Net profit $385,019 for 2015/16 and better for the 2016/17 period

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1403ML (quote when enquiring)

Location: Wagga Wagga is a vibrant regional City nestled on the banks of the magnificent Murrumbidgee River. Wagga Wagga takes its place as the capital of the Riverina region providing an exciting and yet relaxed lifestyle for residents and visitors. With over 60,000 people living in Wagga, it has the lifestyle and facilities to suit everyone.

The surrounding area consists of properties dedicated to wheat-growing, dairying, mixed farming and fat lambs. It possesses one of the largest stockyards in Australia, as well as the Livestock Marketing Centre. With the Charles Sturt University and the Riverina Institute of TAFE, Wagga is an important regional education centre and, with the Kapooka Army Recruit Training Base and a Royal Australian Air Force base, it is also regarded as one of the country's major defence force establishments.

Wagga Wagga is the ideal base for exploring one of Australia's emerging holiday destinations - The Riverina. An easy day trip in any direction can take you through the extremes of Australia's natural and cultivated environment. To the east rises Mount Kosciuszko in the Snowy Mountains. To the west lies Griffith, the heart of New South Wales' biggest wine producing region. An easy drive takes you to great Australian towns like, Junee, Lockhart and Temora.

Property Code: 2003

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

  • Michael Philpott

  • 0433 137 927
  • 1300 512 566
  • send email

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Michael Philpott
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Wagga Wagga, New South Wales 2650 Exact map location not provided

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