Sold - Brighton Serviced Apartments
408 Bay Street, Brighton, Victoria 3186
SOLD
Key Features
AI generated. Contact seller to confirm.
- 21 accommodation units
- Studio, 1 and 2 bedroom apartments
- All units self-contained
- On-site car parking, most undercover
- All units include clothes washing machines
- Walking distance to Coles, cafes and railway station
- Turnover: Not disclosed
- Net Profit: $125,000 (approx)
- Rent/Lease: Long term lease, 16 years remaining
- Stock Value: Not disclosed
- Established: Established business
Business Details
Business Category Motel
Located just off Nepean Highway within walking distance to Coles supermarket, cafes, restaurants and the railway station.
Consisting of 21 accommodation units offering Studio, 1 & 2 bedroom apartments, all being self contained. This modern serviced apartment complex features on site car parking (most undercover) and all units have clothes washing machines. This established business is on the market because the vendor is moving overseas.
Book your inspection today
Business Highlights
• EBITDA 2022 $125,000 (approx) Buyers Yield 29.4%
• Long term lease with 16 years remaining
Consisting of 21 accommodation units offering Studio, 1 & 2 bedroom apartments, all being self contained. This modern serviced apartment complex features on site car parking (most undercover) and all units have clothes washing machines. This established business is on the market because the vendor is moving overseas.
Book your inspection today
Business Highlights
• EBITDA 2022 $125,000 (approx) Buyers Yield 29.4%
• Long term lease with 16 years remaining
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - MelbourneWhat's Nearby
Nearby Locations
Similar Businesses For Sale
Lollipop's Childrens Playland And CafĂ...
Business For Sale | FOREST HILL$350,000
Arts and Crafts Children Services
