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

Marketing Agent
CeCe Chen
CeCe Chen

Onsite Management Rights

Onsite Management Rights

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.
Listing location
Gallery

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