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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.)
~$249,318
Estimated · comparable listings of this type and size · typically within ±20%
Typical multiple
~3.4×
comparable listings of this type and size · typically within ±20%

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.

Listed
22
+3 in 30 days
Median asking
$2.6M
20 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread20 of 22 state a price
This listing · $850K
20%
25%
20%
30%
$250K–$500KOver $5M

Australia 48 · Victoria 12

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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