Landmark Wagga Wagga hotel seeks marquee buyer

One of Wagga Wagga’s most iconic buildings, the All Seasons Pavilion Hotel, has been listed for sale.

The 45-room hotel’s standout features is its white canvas roof in the shape of inverted funnel.

It sits less than a block from the Murrumbidgee River in the centre of the NSW town and was constructed in the 1980s.

The three-level building is constructed around a feature atrium with the white roof rising above as a landmark of the Wagga Wagga central business district.

It is being marketed by Tony Bargwanna and Andrew Joliffe from Ray White Hotels who says owner-operator Peter McIntyre is committed to selling, but declined to give a likely selling range.

The last Wagga Wagga hotel to sell was the 85 bedroom Country Comfort Wagga Wagga just a few blocks from the All Seasons which was picked up by a private investor for $8.8 million in September.

Since buying the hotel seven years ago McIntyre has undertaken extensive refurbishment works, including adding the marquee-style roof.

Bargwanna tells Property Observer there has been interest from institutional investors as well as owner-operators nationally.

“Wagga Wagga is one of the top regional centres and is keenly sought after,” says Bargwanna, who adds he has received 30% more enquiries than for other similar assets in regional centres.

Wagga Wagga is the largest inland city in NSW and is an important agricultural, military and transport hub with a population in excess of 60,000.

The property located on a 2,700-square-metre site at 22-30 Kincaid Street is just west of the Murrumbidgee river and includes a conference centre, a garden atrium restaurant, café lounge and bar and a wine cellar.

The bistro can seat about 60 patrons and has a commercial kitchen.

The ground floor has 13 deluxe rooms; the first level has eight deluxe rooms, six executive suites, one family room and one premier suite; and the second floor has eight deluxe rooms, six executive suites, one family room and one premier suite. 

A night in the hotel starts from about $140.

The All Seasons Pavilion Hotel is being offered for sale by way of expressions of interest closing on October 20 at 4pm.