Management Rights, Melbourne
Management Rights
ActiveHospitality & TourismVictoriaB2C
Asking price
~$1,749,151
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$5,149,106
TTM
Earnings (est.)
~$296,824
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.9×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- 309-lot mixed-use complex including hotel rooms, carparks, offices, retail, front desk and restaurant
- 209 room-suite lots, with 136 apartments currently in the onsite letting pool under short-term leases
- New Building Management Agreement commenced December 2021 with over 20 years remaining
- Four conference/office space leases located on Level 1
- Located a few minutes from Melbourne's CBD in the cultural and sporting precinct
- Company currently under external administration; sold on an owner-operator basis requiring a two-person management team
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