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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.)
~$152,667
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 24
Listed
24
+10 in 30 days
Median asking
$3M
21 priced
Median revenue
$487K
6 disclose
Earnings multiple
212 listings
Time listed
15d
7 tracked
Price drops
1
in 30 days
Asking price spread21 of 24 state a price
This listing · $570K
10%
19%
33%
29%
$100K–$250KOver $5M

New South Wales 33 · Queensland 20 · Canterbury 10 · Northland 9 · Bay of Plenty 8

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