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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
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  • How long it has been for sale
Listed
24
+3 in 30 days
Median asking
$3M
22 priced
Earnings multiple
2.9×
37 listings
Price drops
1
in 30 days
Asking price spread22 of 24 state a price
This listing · $7.3M
18%
23%
23%
32%
$250K–$500KOver $5M

Australia 51 · Victoria 13

Cafes 185 · Restaurants 112 · Takeaways 112 · Childcare centres 84 · Manufacturing businesses 45 · General retail businesses 42

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