Apartment Hotel - Carlton
Hotel
ActiveHospitality & TourismVictoria
Asking price
$580,000
Disclosed · AUD
Revenue
$598,000
TTM
Earnings (est.)
~$173,676
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~3.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
Recently renovated apartment-style hotel in Carlton offering 25 rooms and a high occupancy rate. Under the same owner for six years, the property is fully managed, giving a buyer a hands-off, established accommodation business.
Hotels in Victoria
All 41 →Listed
41
+3 in 30 days
Median asking
$465K
34 priced
Median revenue
$1.3M
12 disclose
Earnings multiple
3.1×
36 listings
Price drops
2
in 30 days
Asking price spread34 of 41 state a price
This listing · $580K
6%
Under $100KOver $5M
Australia 112 · New South Wales 27 · Queensland 12 · South Australia 10 · Western Australia 9
Restaurants 1069 · Takeaways 1003 · Cafes 962 · Liquor stores 156 · Convenience stores 153 · Bakeries 133
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