Apartment Hotel – Bundoora

Apartment Hotel – Bundoora — Hospitality & Tourism · Bundoora, Melbourne · Asking $8,650,000

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…

DealProspect/Listings/Hospitality & Tourism

Apartment Hotel – Bundoora

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$8,650,000

Disclosed · AUD

Revenue

—

EBITDA (est.)

~$2,283,647

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.8×

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.

More hospitality & tourism businesses for sale

Hotels for sale in Victoria (21) →