15-Key Freehold Motel, Mulwala NSW
Motel
ActiveHospitality & TourismNew South WalesB2C
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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