, EAST MELBOURNE 3002
$1,500,000
[This property is Under Offer]
Jim Chapman

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Resort Brokers
362 Montague Road,
WEST END, QLD 4101

EAST MELBOURNE 3002

Accommodation/Tourism for sale

EAST MELBOURNE VIC 3002

$1,500,000

Business Details

Melbourne CBD Fringe, 28 Year Lease And Excellent ROI! | Resort Brokers ID : LH004297

Resort Brokers ID : LH004297

Long 28 year lease, self rated 4 star

Fantastic location in East Melbourne within 2 km of Melbourne CBD

Over 1 million invested over the past 18 months in refurbishment works

51 room property with no food and beverage to manage.

Onsite Café subleased under the name Chi Café (open 7am – 2pm)

Room for occupancy and rate growth following the refurbishment completion

Opportunity to self brand or re-brand with a new hotel chain at settlement

NB: Property inspections are by appointment only

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Motel

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Resort Brokers
362 Montague Road,
WEST END, QLD 4101

Phone: 07 3878 3999
Fax: 07 3878 1199

Jim Chapman
Phone: 03 9347 3100
Mobile: 0413 444 782

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