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Wagga Wagga NSW 2650
Sold on 6 Oct 2024

Wagga Wagga NSW 2650

  • Hotel, Motel, Pub & Leisure
  • Sold

MOTEL FREEHOLD FOR SALE - MAJOR REGIONAL CITY - RIVERINA REGION

    Description: Modern style brick and tile motel on acres, with very good residence. Eight-minute drive to the heart of town. Very convenient location, excellent presentation and modern amenities including pool.

    Turnover: 2022/23 $623,929.45; 2023/24 over $600,000

    Star Standard: 3 Star

    Construction: Single level brick construction with brick partitions and tile roof. 15 spacious rooms all with kitchens, which is ideal to attract longer staying guests.

    Residence: Large free standing, 3 bedroom family residence. All bedrooms with built-in wardrobes, master with ensuite. Lounge, dining, breakfast room, bathroom, verandah, private yard, 4 car lock-up garage. Domestic kitchen in residence. Gas heating, reverse cycle air-conditioning plus evaporative cooling.

    Age: Build 1981

    Land Area: Approx. 5 Acres

    Tariffs: From $160 Per Night

    Chain Affiliaton: N/A

    Restaurant: N/A - Close to Pubs, Restaurants and Cafes

    Laundry: Motel Laundry in separate building. Guest Laundry

    Services: Reverse cycle air-conditioning; pool; barbecue; extensive gardens; Wifi; parking at front of units

    Occupancy: over 80%

    Comment: Excellent motel. Rates very well on line and could be further enhanced with reinvestment to drive rate growth. Inspection is recommended.

    MQ Property ID:
    1P2814

    Manenti Quinlan & Associates
    Manenti Quinlan & Associates
    Suite 101, Level 1, 74-76 Burwood Road
    Burwood, NSW 2134

    Property Highlights

    Date Sold6 Oct 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019326836
    Category
    Last updated  26 Nov 2024
    Map for Wagga Wagga NSW 2650
    Manenti Quinlan & Associates
    Manenti Quinlan & Associates
    Suite 101, Level 1, 74-76 Burwood Road
    Burwood, NSW 2134

    Property Highlights

    Date Sold6 Oct 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019326836
    Category
    Last updated  26 Nov 2024

    Listed by

    Malcolm Mathie
    Manenti Quinlan & Associates
    Call
    0417 254 395

    More about Wagga Wagga NSW 2650

    Wagga Wagga NSW 2650 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2019326836.

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