Melbourne, Victoria 3000

Modern 4 Star Motel. Huge Opportunity! $1,190,000 (15850)

For Sale | $1,190,000

Hotel Motel

Unique opportunity to purchase a well known 4 Star Motel in Melbourne's sought after south eastern suburbs.

Strategically located on a busy main road close to two hospitals and a major shopping centre, it's hard to miss this Motel.

With 52 recently renovated serviced, self contained, and studio apartments all consisting of private laundries and ensuite bathrooms, there really is a room to suit everyone's needs!

Key features of this outstanding Motel include:

*Taking $32,000 per week
*Turning over approx $1,700,000 per annum
*Secure 20 year Lease
*Easy to run with simple systems in place
*Landlord spent over $1,000,000 on recent renovations
*Reasonable rent
*Amazing facilities including a gym, restaurant, spa and a coffee shop close by
*Stable and secure business

If you've ever dreamed of getting into the accommodation industry then this is the business for you!

For more information please contact Echo Chen from LINK, formerly Klemms on the below:
Phone: 0452 336 778
Email: echo.chen@linkbusiness.com.au

Business Snapshot

Price: $1,190,000 Lease Options: Lease: 5+5+5+5 / Lease Commencement: 01/05/2016 / Security Deposit: None

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Marketing By


Echo Chen

LINK, formerly Klemms

Overview

This Hotel Business is one of 150 businesses for sale in Melbourne City, Victoria, and one of 2 Hotel Businesses in this region that a business for sale currently has on offer. This Hotel Business is for sale in Melbourne City for the asking price of $1,190,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..