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
Business SnapshotPrice: $3,400,000Net Profit: $924,609
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -