The Mantra Pavilion comprises a distinctive architect designed three level building with feature 'marque' style central atrium, which is a landmark of Wagga Wagga CBD. The Hotel provides 45 upscale rooms and apartments, a licensed restaurant, 3 conference facilities,
cafA?, bar and off street parking.
- High occupancy, ADR and trade
- Prime city location - close proximity to hospitals, schools & shopping centres
- 45 spacious upscale rooms & apartments
- Immaculate presentation of rooms and common areas
- Recently refurbished by tenant minimal CAPEX required
- Onsite parking for all guests.
- Experienced and well known operator as lessee.
- Mantra branding - all outgoings paid by tenant - favourable lease to freehold owner
- Estimated on 1 Feb, 2016 rent will be $694,129 GST. Increase of rent min.2% and max. 4% per annum - circa 27 years remaining on lease
- Renowned restaurant and bar - exceptional food and service