Historic Hotel Business and Freehold

Historic Hotel Business and Freehold — Hospitality & Tourism · New England · Asking $1,250,000 + SAV

Heritage commercial building, one of the oldest in town. Restored and refurbished since purchase in 2015 while keeping original features. Four distinct income streams. 13 rental rooms plus a three-bedroom residence. 100 solar panels installed to reduce running costs. No TAB, pokies or bottle shop.

DealProspect/Listings/Hospitality & Tourism

Historic Hotel Business and Freehold

Hotel

ActiveHospitality & TourismNew South WalesB2C

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Asking price

$1,250,000 + stock

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Heritage commercial building, one of the oldest in town.
Restored and refurbished since purchase in 2015 while keeping original features.
Four distinct income streams.
13 rental rooms plus a three-bedroom residence.
100 solar panels installed to reduce running costs.
No TAB, pokies or bottle shop.

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Hotels in New South Wales

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Listed

+4 in 30 days

Median asking

$698K

18 priced

Earnings multiple

2.9×

37 listings

Asking price spread18 of 21 state a price

This listing · $1.3M

11%

50%

33%

Under $100K$1M–$2.5M

Australia 85 · Victoria 32 · South Australia 9 · Queensland 8

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