Melbourne, Victoria 3000

Modern 4 Star Motel, $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

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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Echo Chen

LINK, formerly Klemms

Overview

This Hotel Business is one of 193 businesses for sale in Melbourne City, Victoria, and one of 1 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 is new to the market.