Classic Corner Hotel Lease, Maitland

Classic Corner Hotel Lease, Maitland — Hospitality & Tourism · Maitland

Classic corner hotel in a main road location Whole ground floor for lease: bar, bistro, lounge and beer garden Recently painted externally and internally with renovated public bar Potential to cater for hospitality, mining shift workers and new residents Only 140 metres to Maitland Train Station

DealProspect/Listings/Hospitality & Tourism

Classic Corner Hotel Lease, Maitland

Hotel

ActiveHospitality & TourismNew South WalesB2C

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Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Classic corner hotel in a main road location
Whole ground floor for lease: bar, bistro, lounge and beer garden
Recently painted externally and internally with renovated public bar
Potential to cater for hospitality, mining shift workers and new residents
Only 140 metres to Maitland Train Station

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Listed

+3 in 30 days

Median asking

$695K

17 priced

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread17 of 20 state a price

12%

53%

29%

Under $100K$1M–$2.5M

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