Freehold Motel - Lakes Entrance, VIC
Motel
ActiveHospitality & TourismVictoriaB2C
Asking price
~$630,000
indicative from 1× forecast revenue · Projected Annual Revenue · AUD
Revenue
$630,000
Indicative · Projected Annual Revenue
Earnings (est.)
~$174,762
Estimated · comparable listings of this type and size · from broker forecast
Implied multiple
n/a
Price includes the property
Brief
- Freehold waterfront motel on the Esplanade in Lakes Entrance, Victoria
- 18 guest rooms plus a two-bedroom owner's residence
- Recently renovated with strong repeat tourism trade
- Option to retain the freehold and lease the motel to an operator
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