North Melbourne, Victoria

Leasehold $1,350,000

Property Description

Established and Affordable Leasehold Apartments - 1P4797M

CRE Brokers are pleased to offer this rare opportunity to acquire the Leasehold Business of these apartments located in Melbourne near Victoria Market.

This established affordable motel has 49 accommodation rooms, in house commercial laundry, reception, leisure/reading room and approximately 85% occupancy rate.

The Serviced Apartments are located between Melbourne University and RMIT on a very exposed corner site close to Royal Children's Hospital, Royal Women's Hospital, Peter MacCallum Cancer Centre, and walking distance to Victoria Market. There are tram and bus stops in front of the the Apartments.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - Melbourne

Marketing Agent


Marketing Agency

CRE Brokers

Anne Donchos
CRE Brokers

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Map Location ( get directions )

North Melbourne, Victoria 3051 Exact map location not provided

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Leasehold $1,200,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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