Richmond, Victoria

$3,400,000

Property Description

Long Leasehold business of 78 Serviced Apartment Hotel - 3kms from Melbourne CBD | Resort Brokers ID : LH004870

Resort Brokers ID : LH004870

  • Outstanding long term lease of 24 years remaining of 78 serviced apartments in the heart of Richmond.

  • Very limited supply of unique and great assets to acquire and occupy.

  • Exceptional franchise brand of Adara Apartments and Hotel with the systems and support to enable for future growth.

  • Melbourne and inner city continues to enjoy strong occupancy and room revenue and the tourism outlook in the long term is very strong.

  • Existing and established business, with great turnover and profits for the new purchaser to step into and manage.


NB: Property inspections are by appointment only

Date updated: 18 Aug 2017 23:00:12

Property Summary

Business Snapshot

Price: $3,400,000Net Profit: $924,609

Motel Information

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

Marketing Agent

  • Michelle Matthews

  • 0400 474 861
  • 03 9347 3100
  • send email

Marketing Agency

Resort Brokers

Resort Brokers

Resort Brokers

Michelle Matthews
Resort Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Richmond, Victoria 3121 Exact map location not provided

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