Beachfront Motel - Dromana
Motel
ActiveHospitality & TourismVictoriaB2C
Asking price
$6,500,000
Disclosed · AUD
Revenue
$730,000
TTM
Earnings (est.)
~$202,502
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
- Beachfront motel with water views, sold with business and freehold together
- 22 rooms with a high occupancy rate
- 3-bedroom manager's accommodation; no kitchen, breakfast, lunch or dinner service
- Newly renovated with ample on-site parking
- Same owner for many years
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