26-Key Metropolitan Melbourne Motel Leasehold

26-Key Metropolitan Melbourne Motel Leasehold — Hospitality & Tourism · Mulgrave · Asking $2,100,000

Rare 26-key leasehold motel in metropolitan Melbourne, Mulgrave High-traffic exposure to approximately 100,000 vehicles per day Recently refurbished bathrooms, beds, carpet and paint Exceptional lease security with 28 years remaining plus further options Solar system with battery storage reduces utility costs Low reliance on OTA bookings relative to industry average Owned onsite coin laundry adds…

DealProspect/Listings/Hospitality & Tourism

26-Key Metropolitan Melbourne Motel Leasehold

Motel

ActiveHospitality & TourismVictoriaB2C

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Asking price

$2,100,000

Disclosed · AUD

Revenue

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EBITDA

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Implied multiple

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Brief

Rare 26-key leasehold motel in metropolitan Melbourne, Mulgrave
High-traffic exposure to approximately 100,000 vehicles per day
Recently refurbished bathrooms, beds, carpet and paint
Exceptional lease security with 28 years remaining plus further options
Solar system with battery storage reduces utility costs
Low reliance on OTA bookings relative to industry average
Owned onsite coin laundry adds an additional revenue stream
Highly rated on Booking.com and Expedia from over 1,000 reviews

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