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Boutique Hotel Offering Luxury Accommodation in the South Eastern Suburbs $1,350,000 (16424)

Listing: #ME01915

Nick Kolaitis

Broker | Melbourne

Nick Kolaitis

+61 3 9819 4211

+61 411 428 161

About this Business for sale in Melbourne

Boutique Hotel Offering Luxury Accommodation in the South Eastern Suburbs $1,350,000 (16424)

This is a huge opportunity for an experienced owner operator or family to acquire a boutique hotel, restaurant, and bar in Melbourne's South Eastern suburbs. The large premises consists of 31 well appointed rooms, all of which include two-person spa baths and flat screen TVs, a reception area, two private conference rooms, a restaurant and bar area, a separate boardroom, an outdoor terrace, a gym, sauna, jacuzzi, and more!

The beautifully appointed hotel is perfectly positioned on a major intersection and can't be missed! The stand-alone site is in extremely close proximity to Monash University, Monash Medical Centre, and the Monash Freeway, bringing endless passing traffic through the area and a huge amount of potential customers.

Key features include:

*Taking $24,800 per week
*24 Hour reception
*Can be run under management
*High traffic, easily accessible area
*Fully equipped standard and executive rooms
*Long, secure 19 year lease
*Licensed premises
*Lots of potential

For more information please contact Nick Kolaitis from LINK on the below:
Phone: 0411 428 161

+61 3 9819 4211
+61 411 428 161

Nick Kolaitis

Enquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.