Freehold Riverside Apartment Complex, Bright
Serviced Apartments
ActiveHospitality & TourismVictoriaB2C
Asking price
$3,450,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
Freehold going-concern apartment complex in Bright, Victoria, on 2,640sqm across three titles next to the Ovens River. The property has six self-contained apartments plus a three-bedroom owner's residence, with all units recently renovated. The broker reports occupancy above 80% over the past 10 years of operation, with options to continue short-term letting, long-term rent the owner's residence, or add further accommodation subject to council approval.
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