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DealProspect/Listings/Hospitality & Tourism

Serviced Apartments and Motel in St Kilda

Motel

ActiveHospitality & TourismVictoriaB2C
Asking price
$570,000
Disclosed · AUD
Revenue
$572,000
TTM
Earnings (est.)
~$153,982
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Busy area with heavy foot traffic and ample parking
  • 18 rooms, high profit margins
  • Easy to manage, suits investors or owner-operators

Motels in Victoria

All 23
Listed
23
+4 in 30 days
Median asking
$2.8M
20 priced
Median revenue
$487K
6 disclose
Earnings multiple
219 listings
Price drops
1
in 30 days
Asking price spread20 of 23 state a price
This listing · $570K
10%
20%
30%
30%
$100K–$250KOver $5M

Australia 117 · New South Wales 32 · Queensland 19

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 78