Radisson-Flagged Hotel, Parkville
Hotel
ActiveHospitality & TourismVictoriaB2B & B2C
Asking price
$3,900,000
Disclosed · AUD
Revenue (est.)
~$4,546,110
Estimated · comparable listings of this type and size
Net Profit
$909,222
Implied multiple
4.3×
asking / earnings
Brief
- 89-key Radisson-flagged hotel in Parkville, Melbourne's inner-north, under a secure 23-year lease.
- One of Australia's only active Radisson-flagged hotels, with global distribution and loyalty program access.
- Strong corporate demand driven by nearby hospitals, universities and corporate precincts.
- Five minutes by tram to the Melbourne CBD; facilities include a pool, function rooms and conference space.
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