Kew, Victoria
Business Only - Netting $304K Leasehold Hotel & Serviced Apartments in Melbourne CBD
$1,500,000
Business Description
• Newly renovated contemporary apartment hotel
• No estate to buy
• Comprising 25 self-contained rooms, with potential to secure more rooms for business growth
• High occupancy rate
• Just 5 km from the Melbourne CBD, easy access, great location for sightseeing and recreation
• Room type consists of Queen, family, 2 Bed & Twin Single with one parking lot per apartment
• Lease term until 2025, with further options of 5 years each
Business Summary
Key Investment Insights
1. Newly renovated contemporary apartment hotel with modern amenities.
2. No estate to buy, making it a more affordable investment opportunity.
3. 25 self-contained rooms, with potential to secure more rooms for business growth.
4. High occupancy rate, indicating a strong demand for accommodation in the area.
5. Located just 5 km from the Melbourne CBD, making it easily accessible for guests.
6. Great location for sightseeing and recreation, attracting both business and leisure travelers.
7. Room types include Queen, family, 2 Bed & Twin Single, catering to a variety of guest needs.
8. Each apartment comes with one parking lot, providing convenience for guests with vehicles.
9. Lease term until 2025, with further options of 5 years each, providing stability and potential for long-term investment.
10. Netting $304K, indicating a profitable and successful business.