Highly well presented motel freehold going concern in the centre of Wagga Wagga
WAGGA WAGGA, NSW, NSW
Description
Price Reduced Highly well presented motel freehold going concern in the centre of Wagga Wagga Situated on the river banks in towns centre it this 40 room freehold going concern in Wagga Wagga. This motel has well sized mangers quarters, commercial kitchen and three different conference meeting areas not currently being used for new owners to generate more income. Large freehold in Wagga Wagga and first time since construction that this property has gone to market 40 room motel in towns centre and situated on the riverbank. Vendor holding a current valuation of the motel available for buyers High quality fit out throughout Net profit in 2019 of $768,684 Property inspections are by appointment only
Financials
- Asking price
- $7,800,000
- Net profit
- $768,684
- Revenue
- —
- Profit multiple
- 10.15x
- Revenue multiple
- —
Agent
Chris Kelly
