Leasehold Apartment Accommodation, Melbourne CBD
Management Rights
ActiveHospitality & TourismVictoriaB2C
Asking price
~$581,568
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$388,843
TTM
Net Profit
$96,928
Implied multiple (assumed)
~6.0×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
- Leasehold apartment-style accommodation business in Melbourne CBD/Chinatown
- 6 two-bedroom apartments across 3 levels
- Strong occupancy of approximately 79%
- Single landlord operation
- Fully equipped kitchens, air-conditioning and free Wi-Fi throughout
- Walking distance to Melbourne Central, Bourke Street Mall and major attractions
- Easy-to-manage operation suited to owner-operators or investors
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000