1413ML - Wagga Wagga Heartland - 36 % Return

SOLD

This well maintained 30 room 3.5 star rated property is ideally located in the heart of Wagga Wagga which is the principle city of the south west and gateway to the Riverina. Considerable funds have been invested by the incumbent lessee over recent times to ensure that the extensive repeat business is maintained.

The rooms are spacious and with the added benefit of an easy care pool and attractive gardens the property is popular with commercial travellers and leisure visitors alike. Located in a quiet side street with ample parking for coaches and large vehicles is just an added benefit with an easy walk to the centre of town.

With the benefit of substantial forward bookings for 2015 and the drawcard of attractions such as the Kapooka Army Base and large regular sporting events, this opportunity must be seriously considered.

Priced to sell at a yield of 36 % this business will provide excellent cash flow and lifestyle for years to come. Make it yours and call us today for further information.

Net profit in excess of $283,887 for 2013/14

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

Property Id: 1413ML (quote when enquiring)

A vibrant regional City nestled on the banks of a magnificent River. The capital of the region providing an exciting and yet relaxed lifestyle for residents and visitors. With over 60,000 people living in the city, it has the lifestyle and facilities to suit everyone.

From stunning landscapes and unusual architecture to sassy shops and a vibrant arts scene, it's a place that will capture your imagination and tempt you to come back again and again.

A city of fine buildings, tree-lined streets, parks and gardens. 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 University and the Institute of TAFE, an important regional education centre and, with the 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.

Price	SOLD
Location	Wagga Wagga
Property ID	1413ML
Category	Motel, Resort, Guest House/B&B

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