44-Room Motel with Conference Centre, Ballina Region
Motel
ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$3,250,000
Disclosed · AUD
Revenue
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EBITDA
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Implied multiple
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Brief
- Large 44-room operation with conference centre and restaurant, scaled to be run under management
- Recognised among the better motels in town with a strong reputation among corporate clients and repeat guests
- All rooms recently renovated to a four-star standard, with additional expenditure on exterior and kitchen
- Located in the Ballina - Byron Bay region with exposure on the main road into town
- Ballina is serviced by a major regional airport with direct M1 access
- Pool and outdoor dining area in a resort-style layout
- Suitable for experienced operators, syndicates or hotel groups
- 4 new rooms added that are yet to be realised on the P&L
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