Motel – 12 Units Plus Extra Land, New England NSW

Motel – 12 Units Plus Extra Land, New England NSW — Hospitality & Tourism · New England · Asking $620,000

Single storey brick and tile motel, 3-star rating, 12 units Set on 4,122 m2 plus an extra block of land included in the price Extra land allows for possible development, no restaurant Three-bedroom residence included

DealProspect/Listings/Hospitality & Tourism

Motel – 12 Units Plus Extra Land, New England NSW

Motel

ActiveHospitality & TourismNew South WalesB2C

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Asking price

$620,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Single storey brick and tile motel, 3-star rating, 12 units
Set on 4,122 m2 plus an extra block of land included in the price
Extra land allows for possible development, no restaurant
Three-bedroom residence included

Motels in New South Wales

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Listed

+1 in 30 days

Median asking

$2.6M

18 priced

Earnings multiple

2.9×

34 listings

Price drops

in 30 days

Asking price spread18 of 21 state a price

This listing · $620K

11%

22%

17%

33%

$250K–$500KOver $5M

Australia 80 · Victoria 13

Cafes 244 · Takeaways 113 · Restaurants 92 · Childcare centres 78 · Manufacturing businesses 50 · Wholesale and distribution businesses 47

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