Manly Boutique Studio Accommodation

Manly Boutique Studio Accommodation — Hospitality & Tourism · Manly, Sydney · Asking $1,950,000

19 studios with ensuite, one block back from the beach in Manly Recently refurbished to a high standard Operates without an onsite manager; outsourced housekeeping and an offshore team handle reservations and guest communication Digital pin-code entry for contactless guest access Leasehold, 10 + 10 year term, only 10 months into the lease High year-round occupancy

DealProspect/Listings/Hospitality & Tourism

Manly Boutique Studio Accommodation

Serviced Apartments

ActiveHospitality & TourismNew South WalesB2C

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Asking price

$1,950,000

Disclosed · AUD

Revenue (est.)

~$1,747,625

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$559,172

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.5×

comparable listings of this type and size · typically within ±25%

Brief

19 studios with ensuite, one block back from the beach in Manly
Recently refurbished to a high standard
Operates without an onsite manager; outsourced housekeeping and an offshore team handle reservations and guest communication
Digital pin-code entry for contactless guest access
Leasehold, 10 + 10 year term, only 10 months into the lease
High year-round occupancy

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