Melbourne, Victoria

Lucrative North Melbourne Serviced Apartment Business 450m from Royal Children's Hospital - 1P5719

Leasehold $730,000

Business Description

Located within walking distance or a short tram ride to major Melbourne hospitals, Melbourne University, Melbourne Zoo and Melbourne CBD.

Consisting of 19 accommodation units offering Studio, 1 & 2 bedroom apartments, all self-contained. The complex features on site car parking and all units have laundry facilities. The business has been successfully run under management for many years.

Highlights

• Attracts friends and family visiting hospital patients
• High repeat business
• Recently renovated throughout
• 450m to Royal Children's Hospital
• 900m to Royal Melbourne Hospital
• Close proximity to Melbourne CBD attracting clientele visiting for the AFL, Australian Open, Grand Prix, Royal Flower Show and more.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - Melbourne
Marketing Agent
Kevin Connolly
Kevin Connolly

Key Investment Insights

1. Prime location within walking distance or short tram ride to major Melbourne hospitals, Melbourne University, Melbourne Zoo and Melbourne CBD.
2. Consists of 19 self-contained accommodation units including Studio, 1 & 2 bedroom apartments.
3. On-site car parking and laundry facilities available for guests.
4. Successfully run under management for many years.
5. Attracts friends and family visiting hospital patients, providing a steady stream of clientele.
6. High repeat business from satisfied customers.
7. Recently renovated throughout, providing modern and updated facilities for guests.
8. Only 450m from Royal Children's Hospital and 900m from Royal Melbourne Hospital.
9. Close proximity to Melbourne CBD makes it an attractive option for guests visiting for major events such as the AFL, Australian Open, Grand Prix, Royal Flower Show and more.
10. Leasehold business opportunity in the thriving hospitality industry.
Listing location

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