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DealProspect/Listings/Hospitality & Tourism

27-Unit Motel Opposite Parklands

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$7,295,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • 27 units, 3 star self-rated with refurbished rooms to 4 star standard
  • Land area approximately 2,145m2
  • Many rooms fully renovated with quality appointments
  • Inground saltwater pool and gas BBQ
  • Large 3 bedroom residence above reception
  • Repeat business; located opposite parklands and close to the city centre and regional airport
  • Owners ready for retirement
Listed
23
+4 in 30 days
Median asking
$3M
21 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread21 of 23 state a price
This listing · $7.3M
19%
24%
24%
29%
$250K–$500KOver $5M

Australia 49 · Victoria 12

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44

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