Freehold Accommodation Business in Victoria

$2.1MRevenue

This freehold accommodation is situated in a strategic location in South-East Melbourne with approximately 40 rooms and private car parks. The business caters to corporate and regular clients and is located in close proximity to a hospital and industrial zone. This is an ideal acquisition opportunity for an experienced operator or those new to the industry looking to purchase a well-established performer.

Highlights

Consistent turnover and profit
Prime location
Easy operation with minimal staff required
Option to expand and build 5 more rooms

Products

Freehold accommodation with different types of rooms available such as studio, one bedroom, two bedroom and three bedroom apartments.

Key assets

Managed by the owner with a team of experienced staff in place including cleaners and receptionists
Land size of approx 730sqm
The rooms offer a fully equipped kitchen, lounge area, outdoor furniture and BBQ facilities.

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