Freehold Accommodation Business, Dandenong
Motel
ActiveHospitality & TourismVictoriaB2C
Asking price
$15,000,000
Disclosed · AUD
Revenue
$1,850,000
TTM
Earnings (est.)
~$371,850
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
- 49-room freehold accommodation property established in 2017
- 35 km from Melbourne CBD with access via Monash Freeway and Eastlink
- 90% occupancy rate, fully managed with minimal owner involvement
- Team of 7 staff (4 cleaners, 3 receptionists)
- Each room self-contained with kitchen, lounge and laundry facilities
Motels in Victoria
All 23 →Listed
23
+4 in 30 days
Median asking
$2.8M
20 priced
Median revenue
$487K
6 disclose
Earnings multiple
5×
219 listings
Price drops
1
in 30 days
Asking price spread20 of 23 state a price
This listing · $15M
30%
$100K–$250KOver $5M
Australia 117 · New South Wales 32 · Queensland 19
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