Skip to main content
DealProspect/Listings/Hospitality & Tourism

Bright On Track – Freehold Accommodation

Motel

ActiveHospitality & TourismVictoriaB2C
Asking price
$2,950,000
Disclosed · AUD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Freehold going concern accommodation asset in Bright, one of regional Victoria's most tightly held tourism destinations
  • 9 self-contained apartments plus a substantial 3-bedroom, 2-bathroom owner's residence
  • Solid modern construction on a 3,969sqm site in a prime central location
  • Licensed bar, dining room, gallery and studio with a courtyard opening to a pool area
  • Currently operating at low occupancy under semi-retired owners, with scope to increase yield
  • Configuration includes studio, mezzanine suite and tower apartment options