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Wagga Wagga, Mercury Motor Inn Leasehold

Well established motel - Leasehold

$295,000 No GST

Listing Number: VRN2764
About this listing
- Ideal location
- 26 Rooms
- Dining Area (seats 30+)
- Managers residence
- In-ground outdoor pool

The Mercury Motor Inn was acquired by the current owners in 2002. It is ideally located on the Sturt Highway in Gumly Gumly, a suburb of Wagga Wagga. The Wagga Wagga central business district is just a short drive away; along with the Wagga Wagga Airport, The National Glass Art Gallery and the Wagga Wagga Civic Theatre.

This competitively priced motel has 26 clean, tidy rooms, currently servicing mainly the budget-conscious market segment, but with unlimited potential for improvement to achieve increased room rates. The service is excellent and includes a 24 hour bell service.

The business boasts a dining area which seats over 30 people. Breakfast is served daily between 7am and 8:30am and additional room service is available during limited hours.

The Mercury Motor Inn provides a number of convenient, cost effective accommodation options to suit a variety of requirements. The business has rooms to accommodate singles, twins, doubles, families or group bookings and interconnecting rooms are available. This 26 room motel can easily accommodate coach tour groups and short and long-term accommodation is available.

Located on site, behind the reception area is the manager's residence. This consists of a two bedroom weatherboard home with iron roof, commercial kitchen, lounge room and bathroom.

In addition, the motel has a recently upgraded in-ground outdoor pool which is a favourite with the regular guests. The business also offers high-speed wireless internet access and guest laundry room.

This is an excellent opportunity to acquire a well-established motel with consistent income. There is a significant amount of housing developments and estates being erected in the surrounding area which is expected to attract new visitors to the locale. In addition, Wagga Wagga's first convention centre (to seat 650) will be built just around the corner as part of the gun club headquarters.

The business would be well suited to a family or couple who wish to take the business to another level.
Property Information
  • Property Type: Tourism / Motel / Hotel, Accommodation

Contact Details

NAI Harcourts Rinnovate

196 Corio Street
Shepparton
Office website

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