Bull's Head Hotel Freehold, Wangaratta CBD

Bull's Head Hotel Freehold, Wangaratta CBD — Hospitality & Tourism · Wangaratta, Victoria

Freehold hotel building in Wangaratta's CBD, offered with vacant possession Two-storey landmark building on a high-profile Murphy Street corner site, Commercial 1 Zoned Public bar, bistro/dining area and multiple function rooms with a balcony Fully fitted and ready for immediate operation, reopening, repositioning or redevelopment (STCA) Leasehold option also available, with a new lease to be…

DealProspect/Listings/Hospitality & Tourism

Bull's Head Hotel Freehold, Wangaratta CBD

Hotel

ActiveHospitality & TourismVictoriaB2C

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Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold hotel building in Wangaratta's CBD, offered with vacant possession
Two-storey landmark building on a high-profile Murphy Street corner site, Commercial 1 Zoned
Public bar, bistro/dining area and multiple function rooms with a balcony
Fully fitted and ready for immediate operation, reopening, repositioning or redevelopment (STCA)
Leasehold option also available, with a new lease to be negotiated

Hotels in Victoria

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Listed

+25 in 30 days

Median asking

$720K

36 priced

Median revenue

$2.8M

5 disclose

Earnings multiple

5×

212 listings

Time listed

41d

6 tracked

Price drops

in 30 days

Asking price spread36 of 44 state a price

22%

14%

19%

14%

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

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