Property Description

Blue Chip location, Highly Profitable and Easily Managed FHGC.

Features:

- Outstanding serviced apartment asset 

- CBD location in Blue Chip Regional Hub 

- NP circa $400,000+ 

- Great first business or add to portfolio 

- Potential to increase trade 


Colliers International is delighted to be offering for sale the freehold and business of the Siesta Central Apartments situated at 271 York Street (Princes Highway), Sale. The property and business is offered for Private Sale through exclusive selling agents Colliers International.

Siesta Central Apartments provides 16 Serviced apartments (11 self contained, 5 studio apartments) which were extensively renovated and upgraded during 2015/16. The property is perfectly located within the main commercial and restaurant precinct of Sale and caters primarily to corporate guests, capturing both short and longer term stay guests.

Patronage is drawn from the diverse mega-industries of the Oil/Gas exploration, RAAF Defence Force. This is diversified with subsidiary industries such as Agriculture, Health, Education, local and national infrastructure, Fulham Correctional Facility workers and sales reps and consultants visiting the area.

The property provides a large car park area, former managers residence (now offered as accommodation) and part two-storey building offering unique and contemporary accommodation rooms.
Siesta Central Apartments offers a compelling opportunity to own and operate a true lifestyle business with very healthy margins. With all major works now completed you can sit back and operate a highly streamlined operation with solid return patronage.

For further information or to arrange an inspection please contact the exclusive selling agents below.