Freehold Motel & Serviced Apartments – Wollongong
Motel
ActiveHospitality & TourismNew South WalesB2C
Asking price
Tender
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
Freehold going concern motel and serviced apartment property in Wollongong's southern suburbs. • 42 keys across motel rooms and apartments in various configurations • Three large conference rooms and an updated commercial kitchen • Two swimming pools and a tennis court, adjoining a premium golf course • Nearest motel to the Port Kembla precinct undergoing major redevelopment • Future redevelopment opportunity across more than 8,600 square metres of land
Motels in New South Wales
Motels for sale in New South Wales (22) →Listed
22
+3 in 30 days
Median asking
$2.6M
20 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread20 of 22 state a price
30%
$250K–$500KOver $5M
Cafes 187 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45
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