Melbourne Cbd Leasehold Accommodation Business Opportunity, Vic
Melbourne, VIC, VIC
Description
BUSINESS ID: XB167084 EASY TO MANAGE OPERATION – STRONG OCCUPANCY – PRIME MELBOURNE CBD/CHINATOWN LOCATION An exceptional opportunity to acquire a well-established leasehold accommodation business positioned within one of Melbourne’s most vibrant hospitality and entertainment precincts. Located in the heart of Melbourne CBD, this stylish apartment-style accommodation business features 6 well-appointed two-bedroom apartments, all within walking distance to Melbourne Central, Bourke Street Mall, Chinatown, public transport, restaurants, cafés, and major city attractions. With strong occupancy levels, streamlined operations, and an outstanding CBD location, this business is ideally suited for owner-operators or investors seeking a quality accommodation opportunity within Melbourne’s tightly held hospitality market. BUSINESS HIGHLIGHTS: - Presenting 6 x Two-Bedroom Apartments - Spread across 3 levels - Secure leasehold opportunity with approximately 8 years remaining and expires in May 2034 - Single landlord operation - Approximate turnover of $388,843 for the past 12 calendar months - Strong occupancy rate of approximately 79% - Prime Melbourne CBD / Chinatown location - Stylish apartment-style accommodation - Strong tourism and short-stay accommodation demand - Fully equipped kitchens and spacious living areas - Air-conditioned accommodation throughout - Free Wi-Fi available - Laundry facilities provided - Excellent access to public transport - Walking distance to Melbourne’s major attractions and entertainment precincts - Easy-to-manage business operation - Turnover (Last 12 Calendar Months): Approx. $388,843 - Adjusted Net Profit (Semi-Managed): Approx. $96,928 Contact: Kamal Sharma, OIEC / Managing Director, MEL Business Brokers Pty Ltd Phone: XXXXXXXXXX Email: XXXXXXXXXX ASKING PRICE: $275,000 Further information can be provided upon execution of a Confidentiality / Non-Disclosure Agreement (NDA). All site inspections are strictly by prior appo
Financials
- Asking price
- $275,000
- Net profit
- $96,928
- Revenue
- $388,843
- Profit multiple
- 2.84x
- Revenue multiple
- 0.71x
Agent
Coast to Coast Business Sales
