Statesman Motor Inn, Corowa
Motel
ActiveHospitality & TourismNew South WalesB2C
Asking price
$1,050,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$302,803
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold 26-room motel on a corner site near Corowa's shopping precinct and the Murray River
- Queen, Twin and Family rooms; commercial kitchen; three-bedroom, two-bathroom manager's residence
- No breakfast service, a simple operation suited to first-time or experienced operators
- Corowa supported by major local employers and Murray River / Rutherglen wine region tourism
- Below-market rent with lease options extending to 2058
Motels in New South Wales
All 33 →Listed
33
+7 in 30 days
Median asking
$3.1M
28 priced
Earnings multiple
10×
9 listings
Time listed
37d
12 tracked
Price drops
3
in 30 days
Asking price spread28 of 33 state a price
This listing · $1.1M
32%
$250K–$500KOver $5M
Victoria 24 · Queensland 20 · Canterbury 10 · Northland 9 · Bay of Plenty 8
Cafes 272 · Takeaways 114 · Childcare centres 112 · General retail businesses 104 · Restaurants 102 · Manufacturing businesses 49
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