, Wagga Wagga NSW

For Sale

Accommodation/Tourism

SOLD

Description: Top quality boutique Motor Inn. Full corporate amenities. One of NSW's finest. High income with excellent net return.AAA Rating: 4 star
Construction: 3 level brick & concrete construction, all concrete floors with brick wall partitions. Fully refurbished in 2007. Not a cent to spend on this one. Very large rooms, up to 50sqm. Open plan reception/dining area plus coffee shop.
Residence: 2 bedroom with built-ins, lounge, dining, private kitchen, bathroom. Very good condition. Adjoins back office with good views over reception area and restaurant.
Age: 1985 - $2mil refurbishment in 2007
Clientele: Large corporate trade, corporate functions, passing trade, tourists, local events.
Land Area: 3500sqm
Tariffs: Single $120 - $175; Double $120 - $175; Suite $130 - $220; Extra Person $15
Chain Affiliation: Yes
Lease: No
Laundry: Full commercial on-site. Do own towels - hire sheets & slips.
Restaurant: 130 seat, licensed, entertainment licence & coffee shop
Services: Room services, convention room, spa rooms (5), new split air conditioning, guest laundry.
Turnover: $2,500,000 gross, $130,000 net
Occupancy: 67% approx.
Comment: Rarely available, this property has never been sold. Top quality corporate Motor Inn in major regional city. You will not find a better inspection.