Business For Sale South Yarra, Victoria 3141
Business Category Hotel
$3,600,000
Description
Unique Commercial Opportunity: Quest Prahran Apartment Hotel
The sale of Quest Prahran presents a unique commercial opportunity within Melbourne's vibrant cultural and creative hub.
This well-established business has flourished under dedicated franchisees and property management, maintaining robust performance even through challenging times. As part of the renowned Quest Brand, one of Australia's most successful franchise systems, Quest Prahran offers significant advantages for prospective buyers.
Strategically located at the corner of Commercial Road and Balmoral/Porter Streets in South Yarra, the property is just 300 meters from Chapel Street and 250 meters from Greville Street, home to premier dining and social venues. This prime location, within 5 kilometres of Melbournes CBD and accessible by tram, train, or a short walk, ensures a steady flow of corporate and leisure travellers.
Quest Prahran caters especially to corporate guests, benefiting from its proximity to Melbourne's business district and its positioning within a vibrant, eclectic region. South Yarra and Prahran's thriving visitor economy and 24-hour lifestyle appeal enhance the hotel's attractiveness.
Investing in Quest Prahran means joining a successful franchise network and capitalizing on the area's growth potential, driven by its unique combination of old-world charm and modern attractions within a world-class health and infrastructure landscape.
Contact us now to secure your franchise and become part of the Quest success story.
Your Opportunity Awaits at Quest Prahran!
Contact us today for the Information Memorandum and secure your place in the Quest family with Quest Prahran!
KEY FEATURES AND BENEFITS:
- Offered for sale at $3,600,000 inc SAV (Plus GST if applicable)
- Adjusted Operating Profit $914,700
- 40 key serviced apartment hotel
- One-, two- and three-bedroom apartments
- Loyal corporate and leisure guests
Contact us NOW for a fast response complete the enquiry section on this page!
Otti Faska
Finn Business Sales
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