MOTEL - NSW REGIONAL CITY

SOLD

Wagga Wagga NSW 2650

Accommodation/Tourism

BUSINESS FOR SALE

Description: Immaculate corporate motel set on acres in regional city. Very well built, mainly ground floor, full corporate facilities.
AAA Rating: 4½ star.
Construction: Brick & tile. Built on concrete slab. Brick partitions. Very large units with a large number of 2 room units. All with desks and internet access.
Residence: 3 bedroom with built-ins, private kitchen, lounge, dining, bathroom, laundry, large lock-up garage/shed, private yard. Two storey, very roomy - suit family.
Age: 1985-1998
Clientele: Strong corporate, wedding & convention groups, sporting groups, tourists, passing trade
Land Area: 8 acre.
Tariffs: Single $135 - $220; Double $135 - $220; Extra Person $15
Chain Affiliation: Yes
Laundry: Full commercial, well equipped. Linen as new - 2 changes.
Restaurant: Yes - 100 seat fully licensed with cocktail bar.
Services: Room service, full function facilities, pool, BBQ, landscaped gardens, fire rated.
Turnover: $1,600,000
Occupancy: 63%
Comment: One of NSW's best presented properties. High quality appointment. Delightful cocktail bar & restaurant with wood fire - great atmosphere. The property over all is very well maintained and presented.