Exclusive Leasehold for Sale in Prime Central Wagga Wagga Location
WAGGA WAGGA, NSW, NSW
Description
Exclusive Leasehold for Sale in Prime Central Wagga Wagga Location ResortBrokers is delighted to bring to market the Lincoln Cottage Motor Inn in Wagga Wagga. This leasehold opportunity offers a 30-year term with a projected net return of $371,458. The motel features 22 rooms and has shown consistent year-on-year growth. Positioned on a major thoroughfare, it benefits from proximity to key amenities and industries, making it a prime choice for business and leisure travelers. Exclusive leashold in central Wagga Wagga on major thoroughfare 30-year lease term remaining Projected net return of $371,458 22 rooms with attached management quarters Consisten year-on-year growth Operated by a husband and wife team Second largest regional city after Canberra Supported by major industries like Defence, Hospital and University Inspections by appointment only
Financials
- Asking price
- $1,300,000
- Net profit
- $371,458
- Revenue
- —
- Profit multiple
- 3.50x
- Revenue multiple
- —
Agent
Chris Kelly
