Apartment Hotel – Bundoora
Hotel
ActiveHospitality & TourismVictoriaB2C
Asking price
$8,650,000
Disclosed · AUD
Revenue
—
EBITDA (est.)
~$2,322,896
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated EBITDA
Brief
- Apartment hotel in Bundoora with 79 keys across studio, 1, 2 and 3 bedroom apartments and townhouses.
- Immediate access to the M80 Ring Road and walking distance to University Hill's retail and dining precinct.
- FF&E refurbishment completed in 2023 with ongoing capital improvements.
- Strong repeat corporate clientele delivering consistent occupancy and room rate growth.
- Secure lease with 31 years remaining, including options.
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