Notting Hill, Victoria 3168

Boutique Hotel, Taking in Excess of $1.3M P/A, Only $1,999,000 (15546)

For Sale | $1,999,000

Hotel Motel

This is a unique opportunity to purchase a well known Boutique Hotel in the beautiful Eastern Suburbs of Melbourne.

High exposure main road location which ensures consistent bookings and a high number of corporate clients.
This elegant hotel has also recently renovated its beautiful 31 rooms.
This fantastic business showcases a sophisticated restaurant that offers breakfast, lunch and dinner and houses superb amenities such a gym, swimming pool and sauna - just to name a few!

This is your opportunity to step into this fantastic hotel operation that has an incredibly secure lease of 21 years.

Features of this elegant hotel include:
* Takings approx. $25,000 p/w
* High exposure location
* Recently renovated
* 24 hour reception
* Great potential

Location: Eastern Melbourne - Victoria
Category: Accommodation - Hotel - Boutique Motel - Restaurant - Tourism

For more information contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199

Business Snapshot

Price: $1,999,000 Lease Options: Lease: 5X5X5X5X5 / Lease Commencement: 1/10/2015


Marketing By

Jeremy Gao

LINK, formerly Klemms


This Hotel Business is one of 50 businesses for sale in Mulgrave, 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 Mulgrave for the asking price of $1,999,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..