34-Room Boutique Riverside Hotel

34-Room Boutique Riverside Hotel — Hospitality & Tourism · Mildura · Asking $9,900,000

Contemporary 34-room property recently rebuilt and extensively refurbished 4.5 star standard with mid-century inspired modern luxury aesthetic Rooms feature king-sized beds, smart televisions, Nespresso machines and ducted air conditioning Facilities include lounges, foyer bar, private dining and meeting areas Outdoor terrace, barbecue area, swimming pool and on-site parking Prominent central…

DealProspect/Listings/Hospitality & Tourism

34-Room Boutique Riverside Hotel

Hotel

ActiveHospitality & TourismVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$9,900,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Contemporary 34-room property recently rebuilt and extensively refurbished
4.5 star standard with mid-century inspired modern luxury aesthetic
Rooms feature king-sized beds, smart televisions, Nespresso machines and ducted air conditioning
Facilities include lounges, foyer bar, private dining and meeting areas
Outdoor terrace, barbecue area, swimming pool and on-site parking
Prominent central location within walking distance of cafes, shops and the Murray River
Land area 2,857m2

Hotels in Victoria

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Listed

+5 in 30 days

Median asking

$515K

28 priced

Median revenue

$1.3M

5 disclose

Earnings multiple

2.9×

37 listings

Asking price spread28 of 32 state a price

This listing · $9.9M

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Under $100KOver $5M

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