» »
1403ML - 30% ROI Projected with Growth Upside & Security ...

WAGGA WAGGA NSW, 2650

For Sale

Property for Sale in WAGGA WAGGA NSW, 2650

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
9183020
Status:
Active
For:
Sale
Price:
$1,195,000 Submit All Offers
Last Updated:
08/11/2019
Icon building

Property Type

Hotel/Leisure
Icon square

Land Area

N/A
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

1403ML - 30% ROI Projected with Growth Upside & Security - Money Maker

- Real proven money-making opportunity that is a safe, reliable business.

- Full training provided to any purchaser.

- Could easily be run under management.

- B&B Motel with additional serviced apartments. Chargeback facilities available with good reliable staff in place.

- Strong Lease / Solid profile location with fantastic exposure.

- Reliable Income wtih strong franchise support and training.

- Fantastic Motel and serviced Apartment Lease.

- Exceptional Landlords - Modern low maintenance property.

- In the medical precinct of Wagga Wagga and is part of a booming growth area with reliable business.

- Significant forward bookings from January 2020.

Popular and profitable leasehold in a beautiful setting has 28 units (all ground floor) with a mixture of motel units and villas, seven garages, spacious grounds and a swimming pool. The private Manager's residence is also very spacious, consisting of three bedrooms with a huge kitchen and comfortable year-round climate control, connected to the large back office and reception areas. All IT and Wi-Fi are the latest.

The business is growing using modern online marketing strategies.

This well-designed motor inn benefits year-round from the large growing economy of Wagga Wagga, the Sturt Hwy, the Olympic Hwy, famous Best Western branding and support, plus the large medical precinct rapidly growing around Wagga's two hospitals - the new Wagga Base Hospital and Calvary Private which serve a large area of the Riverina. Medical treatment and expenditure are year-round and essential.

After seven years, the current owners are needing to be closer to family in Qld and Northern NSW.

Net Profit $370,000 projected for 2019/20

This is an excellent opportunity to own the Best Western Ambassador Motor Inn with its large and loyal guest base, great staff and location with growing turnover in a secure diversified growth area.

Copy and paste this link to see aerial drone video of this motor inn: https://www.youtube.com/watch?v=CqieS6Iu984

Copy and paste this link to see a day and night slideshow of this motor inn: https://www.youtube.com/watch?v=qlxWeTelzqs&feature=youtu.be

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.

Property Code: 1547

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


More properties from Tourism Brokers
For Sale
COFFS HARBOUR NSW, 2450

COFFS HARBOUR NSW...

Hotel/Leisure
For Sale
LAKES ENTRANCE VIC, 3909

LAKES ENTRANCE VI...

Hotel/Leisure
For Sale
ROCKHAMPTON CITY QLD, 4700

ROCKHAMPTON CITY ...

Hotel/Leisure
For Sale
BURKETOWN QLD, 4830

BURKETOWN QLD, 4830

Hotel/Leisure
Sold
PORT MACQUARIE NSW, 2444

PORT MACQUARIE NS...

Hotel/Leisure
For Sale
WARWICK QLD, 4370

WARWICK QLD, 4370

Hotel/Leisure
More properties from Wagga Wagga
For Lease
Level 1, Suite 3/76 Morgan Street, WAGGA WAGGA NSW, 2650

Level 1, Suite 3/...

Offices
For Lease
2/14 Lawson Street, WAGGA WAGGA NSW, 2650

2/14 Lawson Stree...

Industrial/WarehouseShowrooms/Bulky GoodsRetail
Leased
30 Kooringal Road, WAGGA WAGGA NSW, 2650

30 Kooringal Road...

Industrial/Warehouse
Leased
2/133 Fernleigh Road, WAGGA WAGGA NSW, 2650

2/133 Fernleigh R...

RetailIndustrial/Warehouse
Leased
21-25 Forsyth St, WAGGA WAGGA NSW, 2650

21-25 Forsyth St,...

RetailMedical/ConsultingOffices
For Lease
Level 1, Suite 4 & 5/76 Morgan Street, WAGGA WAGGA NSW, 2650

Level 1, Suite 4 ...

Offices
Loading...