Short-Stay Serviced Apartments, Melbourne CBD
Management Rights
ActiveHospitality & TourismVictoriaB2B & B2C
Asking price
$2,200,000
Disclosed · AUD
Revenue
$1,877,000+
TTM
Owner Earnings
$633,715
Implied multiple
3.5×
asking / earnings
Brief
- Short-stay serviced apartment business operating across multiple apartment towers in Melbourne's CBD precincts, on an asset-light, lease-based model.
- Under 25 apartments under management, catering to both leisure and corporate travellers
- Dynamic pricing and booking systems in place across multiple channels including Airbnb, Booking.com, and a direct website
- Outsourced cleaning operations with minimal workforce requirements
- Strong repeat customer base and high occupancy linked to major Melbourne events and tourism demand
- Vendor training and support offered to approved buyers
- Growth potential through additional apartment acquisitions and corporate partnerships
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