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DealProspect/Listings/Hospitality & Tourism

Western Hotel, Balmoral

Hotel

ActiveHospitality & TourismVictoriaB2C
Asking price
$630,000
Disclosed · AUD
Revenue
Earnings
Implied multiple
n/a
Price includes the property

Brief

  • Freehold passive hotel investment on 4,018 sqm of township-zoned land
  • Seven guest accommodation rooms, public bar, 60-seat bistro and drive-through bottle shop
  • Only pub in town; tenant recently invested in a new beer system and kitchen upgrades
  • New 25-year lease with built-in annual rent increase

Hotels in Victoria

All 44
Listed
44
+25 in 30 days
Median asking
$720K
36 priced
Median revenue
$2.8M
5 disclose
Earnings multiple
212 listings
Time listed
41d
6 tracked
Price drops
1
in 30 days
Asking price spread36 of 44 state a price
This listing · $630K
22%
14%
19%
19%
14%
8%
Under $100KOver $5M

New South Wales 25 · Queensland 9 · Western Australia 9

Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77