Motel, Great Ocean Road

Motel, Great Ocean Road — Hospitality & Tourism · Great Ocean Road

Freehold motel and restaurant business on the Great Ocean Road near the Twelve Apostles, around 300 metres from the beach. Includes freehold land with plans to build additional apartment-style rooms Combined accommodation and restaurant operation First time the property has been offered for sale in almost 20 years One week of training provided on settlement

DealProspect/Listings/Hospitality & Tourism

Motel, Great Ocean Road

Motel

ActiveHospitality & TourismVictoriaB2C

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Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

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Implied multiple

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Price includes the property

Brief

Freehold motel and restaurant business on the Great Ocean Road near the Twelve Apostles, around 300 metres from the beach.
Includes freehold land with plans to build additional apartment-style rooms
Combined accommodation and restaurant operation
First time the property has been offered for sale in almost 20 years
One week of training provided on settlement

Motels in Victoria

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Listed

+1 in 30 days

Median asking

$2.4M

10 priced

Earnings multiple

2.9×

38 listings

Asking price spread10 of 12 state a price

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$100K–$250KOver $5M

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