Melbourne, Victoria 3000
$275,000
Key Features
AI generated. Contact seller to confirm.
- 6 two-bedroom apartments
- Spread across three levels
- Strong occupancy, approximately 79%
- Prime Melbourne CBD/Chinatown location
- Fully equipped kitchens and air-conditioned
- Semi-managed adjusted net profit shown
- Turnover: $388,843
- Net Profit: $96,928
- Rent/Lease: Approx. 9.5 years lease remaining
- Stock Value: Not disclosed
- Established: Well-established
Business Details
Business Category Management Rights Motel
BUSINESS ID: XB167084
EASY TO MANAGE OPERATION – STRONG OCCUPANCY – PRIME MELBOURNE CBD/CHINATOWN LOCATION
An exceptional opportunity to acquire a well-established leasehold accommodation business positioned within one of Melbourne’s most vibrant hospitality and entertainment precincts.
Located in the heart of Melbourne CBD, this stylish apartment-style accommodation business features 6 well-appointed two-bedroom apartments, all within walking distance to Melbourne Central, Bourke Street Mall, Chinatown, public transport, restaurants, cafés, and major city attractions.
With strong occupancy levels, streamlined operations, and an outstanding CBD location, this business is ideally suited for owner-operators or investors seeking a quality accommodation opportunity within Melbourne’s tightly held hospitality market.
BUSINESS HIGHLIGHTS:
- Presenting 6 x Two-Bedroom Apartments
- Spread across 3 levels
- Secure leasehold opportunity with approximately 9.5 years lease remaining
- Single landlord operation
- Approximate turnover of $388,843 for the past 12 calendar months
- Strong occupancy rate of approximately 79%
- Prime Melbourne CBD / Chinatown location
- Stylish apartment-style accommodation
- Strong tourism and short-stay accommodation demand
- Fully equipped kitchens and spacious living areas
- Air-conditioned accommodation throughout
- Free Wi-Fi available
- Laundry facilities provided
- Excellent access to public transport
- Walking distance to Melbourne’s major attractions and entertainment precincts
- Easy-to-manage business operation
- Turnover (Last 12 Calendar Months): Approx. $388,843
- Adjusted Net Profit (Semi-Managed): Approx. $96,928
Contact: Kamal Sharma, OIEC / Managing Director, MEL Business Brokers Pty Ltd
Phone: XXXXXXXXXX Email: XXXXXXXXXX
ASKING PRICE: $275,000
Further information can be provided upon execution of a Confidentiality / Non-Disclosure Agreement (NDA). All site inspections are strictly by prior appointment only.
Property Code: 4765
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