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DealProspect/Listings/Hospitality & Tourism

Apartments on Chapman, North Melbourne

Serviced Apartments

ActiveHospitality & TourismVictoriaB2C
Asking price
$650,000
Disclosed · AUD
Revenue (est.)
~$582,542
Estimated · comparable listings of this type and size
Earnings (est.)
~$185,550
Estimated · comparable listings of this type and size
Typical multiple
~3.5×
comparable listings of this type and size

Brief

  • Leasehold serviced apartment business near major Melbourne hospitals and the CBD
  • 19 self-contained units across studio, one and two-bedroom configurations
  • Renovated in 2011 with onsite parking
  • Currently operated under management with repeat patronage from hospital visitors