Motel lease in Wagga Wagga
Well known motel on the Western entrance to Wagga Wagga (pop 63,000) at the junction of the Sturt and Olympic Highways. This business does good trade with march outs from the nearby Kapooka ADF training centre. Features 18 units, in ground pool, covered BBQ area. Restaurant in limited use at present, but offers a fantastic opportunity.
Close to golf club, and short drive to Shopping Centres, Clubs etc.
Proprietors have the use of a 2 bedroom unit (currently used by guests) and a separate 3BR home adjoining at an additional annual rental of $11,000.
20 years lease.
Annual Rental $128,400.00
Offers over $200K