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DealProspect/Listings/Hospitality & Tourism

Boutique Motel Complex – Central Coast

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$850,000
Disclosed · AUD
Revenue
Earnings (est.)
~$244,239
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief

Modern boutique 14-apartment motel complex in a picturesque Central Coast village, a short stroll from the beach and around 90 minutes from Sydney. Predominantly medium to long-term bookings keep housekeeping requirements minimal, and the property features keyless entry, CCTV security and secure basement parking with lift access, held on a 28-year lease with land area of approximately 915 square metres.