Freehold Motel, Lakes Entrance

Freehold Motel, Lakes Entrance — Hospitality & Tourism · Lakes Entrance · Asking $3,200,000

Freehold going-concern motel on the Esplanade at Lakes Entrance, Victoria, overlooking the Cunningham Arm waterfront 18 guest rooms plus a two-bedroom owner's residence, fully renovated Average occupancy of approximately 75% at an average room rate of about $137 Approximately 1,500 sqm landholding with onsite parking Option exists to retain the freehold and lease the motel to an operator for a…

DealProspect/Listings/Hospitality & Tourism

Freehold Motel, Lakes Entrance

Motel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$3,200,000

Disclosed · AUD

Revenue

$630,000

Indicative · Projected annual revenue, based on quarterly revenue of $159,196

Earnings (est.)

~$200,466

Estimated · comparable listings of this type and size · typically within ±40% · from broker forecast

Implied multiple (assumed)

~16.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Freehold going-concern motel on the Esplanade at Lakes Entrance, Victoria, overlooking the Cunningham Arm waterfront
18 guest rooms plus a two-bedroom owner's residence, fully renovated
Average occupancy of approximately 75% at an average room rate of about $137
Approximately 1,500 sqm landholding with onsite parking
Option exists to retain the freehold and lease the motel to an operator for a passive income stream

Motels in Victoria

Motels for sale in Victoria (12) →

Listed

+1 in 30 days

Median asking

$2.4M

10 priced

Earnings multiple

2.9×

38 listings

Asking price spread10 of 12 state a price

This listing · $3.2M

10%

20%

40%

10%

$100K–$250KOver $5M

Australia 48 · New South Wales 22

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

Get new motels in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Motels for sale in Victoria (12) →