Melbourne, Victoria
Motel business for sale in Melbourne City Council - Greater Area VIC
$1,900,000
Business Description
Serviced Apartments Profitable 30+ Unit Operation in Prime Melbourne Location
A rare opportunity to acquire a high-performing serviced apartment business in one of Melbourne's most in-demand inner-city precincts!
This serviced apartment offers over 30 fully furnished apartments in a single building. The business enjoys exceptional referral traffic from the medical and academic sectors, resulting in consistently high occupancy and repeat bookings.
Business Highlights:
• Over 30 modern apartments under management (12 bedroom configurations)
• Stable guest base from medical, university, and corporate channels
• Strong brand reputation with glowing reviews and online presence
• High occupancy year-round with reliable forward bookings
• Operational efficiency: All units within one secure building
• Potential to scale: Additional apartments available to expand portfolio
Additional Benefits:
• On-site management office and check-in system
• Minimal staffing model easily managed
• Full systems, OTA listings, and brand assets included
• Ideal for owner-operator or investor group
This is a turnkey serviced accommodation business with excellent cash flow and huge growth potential. Whether you're an experienced operator or a hospitality investor, this opportunity ticks all the boxes.
Business Summary
Key Investment Insights
1. Prime Location: The serviced apartment business is located in a highly sought-after inner-city precinct in Melbourne, offering convenience and accessibility to guests.
2. Profitable: The business has a proven track record of profitability, with high occupancy rates and stable guest base from various channels.
3. Diversified Guest Base: The business enjoys a diverse guest base from medical, university, and corporate sectors, reducing the risk of relying on a single source of income.
4. Strong Reputation: The serviced apartment business has a strong brand reputation, with positive reviews and a strong online presence, attracting new guests and ensuring repeat bookings.
5. Operational Efficiency: With all units located in one secure building, the business offers operational efficiency and ease of management.
6. Potential for Expansion: The business has potential for growth with additional apartments available to expand the portfolio, providing opportunities for increased revenue.
7. Turnkey Operation: The business is a turnkey operation, with all necessary systems, OTA listings, and brand assets included, making it an attractive opportunity for both owner-operators and investors.
8. Minimal Staffing Model: The business has a minimal staffing model, making it easily manageable and reducing overhead costs.
9. Ideal for Owner-Operators or Investors: This serviced apartment business is suitable for both experienced operators and hospitality investors, offering a profitable and manageable business model.
10. Cash Flow and Growth Potential: With excellent cash flow and huge growth potential, this opportunity presents a lucrative investment for potential buyers.
