Freehold Boutique Hotel, Bright

Freehold Boutique Hotel, Bright — Hospitality & Tourism · Bright · Asking $8,495,000

Freehold going-concern boutique accommodation property in Bright, fully restored in 2022 22 rooms and suites with resort-style guest facilities including pool, bar and sauna On-site dining offering complements the accommodation trade Located in one of Victoria's leading year-round regional tourism destinations Lapsed development approval for additional units and a cafe can be reinstated

DealProspect/Listings/Hospitality & Tourism

Freehold Boutique Hotel, Bright

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$8,495,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold going-concern boutique accommodation property in Bright, fully restored in 2022
22 rooms and suites with resort-style guest facilities including pool, bar and sauna
On-site dining offering complements the accommodation trade
Located in one of Victoria's leading year-round regional tourism destinations
Lapsed development approval for additional units and a cafe can be reinstated

Hotels in Victoria

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Listed

+5 in 30 days

Median asking

$480K

29 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread29 of 33 state a price

This listing · $8.5M

17%

31%

21%

10%

Under $100KOver $5M

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