Wagga Motel For Sale – Rare Freehold Going Concern
Business For Sale Wagga Wagga, New South Wales 2650
Business Category Motel
$2,950,000
Description
Wagga Motel For Sale – Rare Freehold Going Concern
An exciting opportunity has arisen to purchase a rare freehold going concern motel in NSW’s largest inland city, Wagga Wagga.
This well presented 18-room motel (with restaurant and managers’ residence) is situated on approximately 3,251m2 and is only 5 minutes’ drive from the centre of Wagga Wagga. The motel is located in close proximity to Wagga Wagga Base Hospital, Kapooka Military Base, Charles Sturt University, Pomingalarna Reserve (multisport cycling complex), Wagga City Golf Club and the Bomen Industrial Estate / Riverina Intermodal Freight and Logistics (RiFL) Hub.
The motel is of double brick construction with brick partitions and metal roof, and features an in-ground salt water swimming pool, liquor license and restaurant with commercial kitchen (currently not in use). There is ample on-site parking as well as plenty of street parking (with easy highway access) available for trucks, trailers and large vehicles.
All rooms are ground floor and have reverse cycle air-conditioning and ensuite bathrooms. A range of updates have been undertaken in various rooms in recent years, including replacements of cabinetry, carpets, shower screens, beds, vanities and smart tvs.
Wagga Wagga is a vibrant inland city with substantial population growth forecast in coming years. The local economy is supported by a range of industries, including agriculture, education, medical, sports, manufacturing, transport and defence. Wagga Wagga City Council’s ‘Economic Snapshot 2023’ states “More than $15 billion of infrastructure projects are slated for construction in Wagga Wagga & the surrounding Riverina/Murray region over the next 5 to 10 years”.
In addition, the adjoining 3+ bedroom brick house on approximately 1,050m2 (possible development site – STCA) will be available to purchase separately.
This well presented 18-room motel (with restaurant and managers’ residence) is situated on approximately 3,251m2 and is only 5 minutes’ drive from the centre of Wagga Wagga. The motel is located in close proximity to Wagga Wagga Base Hospital, Kapooka Military Base, Charles Sturt University, Pomingalarna Reserve (multisport cycling complex), Wagga City Golf Club and the Bomen Industrial Estate / Riverina Intermodal Freight and Logistics (RiFL) Hub.
The motel is of double brick construction with brick partitions and metal roof, and features an in-ground salt water swimming pool, liquor license and restaurant with commercial kitchen (currently not in use). There is ample on-site parking as well as plenty of street parking (with easy highway access) available for trucks, trailers and large vehicles.
All rooms are ground floor and have reverse cycle air-conditioning and ensuite bathrooms. A range of updates have been undertaken in various rooms in recent years, including replacements of cabinetry, carpets, shower screens, beds, vanities and smart tvs.
Wagga Wagga is a vibrant inland city with substantial population growth forecast in coming years. The local economy is supported by a range of industries, including agriculture, education, medical, sports, manufacturing, transport and defence. Wagga Wagga City Council’s ‘Economic Snapshot 2023’ states “More than $15 billion of infrastructure projects are slated for construction in Wagga Wagga & the surrounding Riverina/Murray region over the next 5 to 10 years”.
In addition, the adjoining 3+ bedroom brick house on approximately 1,050m2 (possible development site – STCA) will be available to purchase separately.
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