Sold - Brighton Serviced Apartments

Business Sold 408 Bay Street, Brighton, Victoria 3186

Business Category Motel

SOLD

Description

Sold - Brighton Serviced Apartments

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.

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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 - Melbourne
Contact Seller
Kevin Connolly

Bsale ID: 609340
Broker REF: 1P5730

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