Wagga Wagga NSW

Quest Apartment Hotels

Investment Level:

$750,000+

Location benefits:

Wagga Wagga’s economy has grown strongly over very recent years and these positive trends are expected to continue. The business community is currently touting Wagga Wagga to become the “Electricity Capital” of Australia given recent and current approved spending which equates to billions of dollars. Strong pipelines of private and public investment further enhance economic and population growth into the future and support the linked retail, services, infrastructure and construction sector, we see the Wagga Wagga Market in the future as strong with increased requirements for long term accommodation. There are many large-scale projects in the pipeline with a strong focus on infrastructure upgrades and community improvement strategies. Key Industries, Construction, Hospital and Social Assistance Services, Defense, CSU, Tafe, Secondary Schools. Wagga Wagga’s Gross Regional Product is currently $3.75 Billion annually.

Concept:

Quest Wagga Wagga offers the prospective purchaser the leasehold interest of a 43 key serviced apartment building comprising, one, two and three bedroom apartments with fully equipped kitchens, bathrooms, laundry facilities, separate living and dining areas in one bed apartments, internet access, Foxtel, DVD, stereo and quality furniture and fittings.

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About this opportunity

The Quest Wagga Wagga business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia. The Quest Wagga Wagga business is well positioned in the Central Business Centre of Wagga Wagga, which is the largest inland regional city of NSW.

Quest Wagga Wagga offers the prospective purchaser the leasehold interest of a 43 key serviced apartment building comprising, one, two and three bedroom apartments with fully equipped kitchens, bathrooms, laundry facilities, separate living and dining areas in one bed apartments, internet access, Foxtel, DVD, stereo and quality furniture and fittings.

The many features and benefits of the location can be summarised as follows: –
• Wagga Wagga has over 4500 businesses and has a truly thriving local economy with population growth above over 1000 per annum. There is currently 66,061 people that call Wagga home. By 2036 the population is projected to exceed 80,000.
• It is located 450kms south west of Sydney CBD and 460kms north of Melbourne’s CBD.It is only a 2.5 hr drive to Canberra.
• Wagga Wagga offers excellent opportunities in many areas including defence, health, engineering, and construction. A thriving and growing community, Wagga Wagga has a diverse economy so doesn’t rely solely on one or two industries. This means greater employment opportunities and a resilience to industry downturns.
• Wagga Wagga has a long and proud military history that dates back 120 years and currently is home to Kapooka the largest training base for Defence in Australia.
• Wagga Wagga is home to the Charles Sturt University
• it is a local mecca for culture & heritage with stunning galleries, museums and city library
• Cultural and sporting events such as the Wagga Wagga Gold Cup, Jazz Festival, Youth Arts Fest and National Horse Festivals also draw people to Wagga Wagga.

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