CBD Corner Hotel with Bottle Shop
Hotel
ActiveHospitality & TourismB2C
Asking price
~$1,788,000
est. from 4× earnings · AUD
Revenue (est.)
~$2,235,000
Estimated · comparable listings of this type and size
Net Profit
$447,000
Implied multiple
n/a
Price includes the property
Brief
- Hotel on a prominent CBD corner with high passing traffic.
- Two bars and a restaurant seating around 70 patrons.
- Drive-thru bottle shop.
- Three one-bedroom rental rooms plus one double.
- Surrounded by commercial and service industries.
- Netting $447K per annum in 2010.
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