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Accommodation & Tourism Businesses for Sale in East Wagga Wagga, NSW

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Accommodation/Tourism
EAST WAGGA WAGGA, NSW
UNDER OFFER/CONTRACT
Large number of rooms with long lease
East WAgga WAgga, NSW, 2650
Accommodation/tourism · Motel
$1,950,000
The Quality Inn Carriage House is a standout leasehold opportunity, offering 38 well-presented rooms, a long lease to 2051, and a strong net profit exceeding $555,448.Now operating under new management, the business has seen a clear uplift in performance, with increased trade across both accommodation and functions. This renewed operational focus has driven improved occupancy and stronger utilisation of the motels function and conference facilities, positioning the asset for continued growth.Located in Wagga Wagga, the largest inland city in NSW, the motel benefits from a diverse and reliable guest base. Corporate travellers dominate midweek trade, supported by strong demand from government, military, and agricultural sectors, while weekends attract a growing leisure market.Averaging around 70% plus in occupancy with projected TO for this year bing $1,620,064 the. leasehold is going to market at $1.95m The property offers a broad range of guest amenities including a swimming pool, tennis court, barbecue area, room service, function and conference spaces, and an onsite restaurant catering to both guests and locals. Positioned along the banks of the Murrumbidgee River, the motel provides a relaxed, resort-style environment that enhances guest appeal.Additional value is provided by a spacious four-bedroom owners residence, suitable for onsite management or operator accommodation.With proven performance, recent operational improvements, and clear upside in both accommodation and functions, this is a compelling opportunity to secure a high-performing leasehold business in a major regional NSW centre.**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
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