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Sold

1411ML - Location is Everything

SOLD

This 30 unit property is situated in the heart of the Wagga Wagga Central Business District. As such the motel enjoys a consistently high occupancy from a variety of clients who wish to be within an easy stroll to cafes, restaurants and a broad spectrum of retail facilities.

Recently all units have been tastefully renovated even though the motel was one of the first properties built in the city. Currently run under management with a comfortable one bedroom residence, this motel enjoys a stable cash flow because of its location.

The owners are putting out a 30 year lease for the very first time and we invite you to have a close look at this excellent business opportunity.

Net profit $306,528 for 2013/14

Contact Peter Middlebrook from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1411ML (quote when enquiring)
Price SOLD
Location Wagga Wagga
Property ID 1411ML
Category Motel

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