Park Inn by Radisson Hotel, Parkville

Park Inn by Radisson Hotel, Parkville — Hospitality & Tourism · Parkville, Melbourne · Asking $3,900,000

Park Inn by Radisson hotel in Parkville, within Melbourne's Central Business District precinct 89 rooms, onsite restaurant and outdoor swimming pool Approximately 4,765m² land area with car parking 23-year lease in place Walking distance to Melbourne Central, Queen Victoria Market and major universities Demand base spans corporate, leisure, education, medical and sporting travellers

DealProspect/Listings/Hospitality & Tourism

Park Inn by Radisson Hotel, Parkville

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$3,900,000

Disclosed · AUD

Revenue

—

EBITDA (est.)

~$1,029,621

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.8×

Assumed · asking ÷ estimated EBITDA

Brief

Park Inn by Radisson hotel in Parkville, within Melbourne's Central Business District precinct
89 rooms, onsite restaurant and outdoor swimming pool
Approximately 4,765m² land area with car parking
23-year lease in place
Walking distance to Melbourne Central, Queen Victoria Market and major universities
Demand base spans corporate, leisure, education, medical and sporting travellers

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