Key Investment Insights
AI generated. Confirm details with the seller.
1. 21-unit serviced apartment complex, mix of Studio, 1 and 2 bedroom self-contained apartments.
2. All units include clothes washing machines, enhancing guest convenience and operational efficiency.
3. Modern complex with on-site car parking, most spaces undercover, supporting guest appeal in suburban location.
4. Located just off Nepean Highway within walking distance to Coles supermarket, cafes, restaurants and the railway station, improving guest accessibility and demand.
5. Established business with vendor selling due to relocation overseas, indicating a non-performance-related exit.
6. Reported EBITDA circa $125,000 for 2022, providing a concrete earnings benchmark.
7. Stated buyer yield of 29.4%, signalling a potentially strong return for purchasers based on the vendor’s numbers.
8. Leasehold asset with a long-term lease, 16 years remaining, offering tenure stability for an operator or investor.
9. Classified as motel/leasehold in Melbourne, Victoria, which may align with short-stay accommodation regulatory and marketing channels.
10. Compact portfolio size suitable for owner-operators or investors seeking manageable operations with potential for yield optimisation.
