Freehold Hotel, Queenstown
Hotel
ActiveHospitality & TourismTasmaniaB2C
Asking price
$895,000
Disclosed · plus stock · AUD
Revenue
$1,900,000
TTM
Earnings (est.)
~$393,490
Estimated · comparable listings of this type and size · typically within ±40%
Implied multiple
n/a
Price includes the property
Brief
- Freehold hotel offering accommodation, a bar, bottle shop, gaming and a commercial kitchen
- One of only two operating hotels in the town, popular with tourists and mine workers
- Comprises backpacker rooms and refurbished en-suite rooms plus a manager's residence
- Currently trading under absentee ownership with a resident manager
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