15-Key Freehold Motel, Mulwala NSW

15-Key Freehold Motel, Mulwala NSW — Hospitality & Tourism · Mulwala · Asking $2,200,000 · Revenue $355,000 · Net Profit $192,683

15-key freehold motel in the tightly held Murray River region near Yarrawonga Mulwala, offered as a freehold going concern Rarely traded market with no other freehold motel assets currently listed in the area Recently refurbished with new bathrooms, hot water systems, lighting and signage, minimising near-term capital expenditure Diverse demand drivers including tourism, golf, corporate, rail…

DealProspect/Listings/Hospitality & Tourism

15-Key Freehold Motel, Mulwala NSW

Motel

ActiveHospitality & TourismNew South WalesB2C

View original listing ↗

Asking price

$2,200,000

Disclosed · AUD

Revenue

$355,000

TTM

Net Profit

$192,683

Implied multiple

n/a

Price includes the property

Brief

15-key freehold motel in the tightly held Murray River region near Yarrawonga Mulwala, offered as a freehold going concern
Rarely traded market with no other freehold motel assets currently listed in the area
Recently refurbished with new bathrooms, hot water systems, lighting and signage, minimising near-term capital expenditure
Diverse demand drivers including tourism, golf, corporate, rail, munitions and seasonal harvest trade
Standard rooms achieving 72-77% occupancy with scope for yield improvement in softer room categories
Rated 9.2/10 on Booking.com from over 680 verified reviews
Courtesy bus access provided by major local clubs

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