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Townhouse
·
for sale
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209 KEY UPSCALE MELBOURNE HOTEL INDEPENDENTLY RECONSTRUCTED TURNOVER $5.149M | Resort Brokers ID: MR008982
Central Melbourne
· Townhouse
· Swimming pool
Central Melbourne · Townhouse · Swimming pool
On behalf of the Receivers and Managers of 452HM Pty Ltd (In Liquidation) (Receivers and Managers Appointed) - ResortBrokers presents an exclusive opportunity to secure the management rights to a high quality 18-level hotel only five minutes from Melbourne's CBD. Comprising a total of 309 lots, with 209 being room suites, the business currently has 136 rooms under short-term leases plus 7 additional leases over 'misc' lot types including front desk, offices, carparks and conference rooms. The strata-titled apart-hotel has a wide range of accommodation options and an OC restriction that restricts residents from residing in their lot for longer than 90 days, creating strong opportunity to increase the onsite letting pool. With over 20 years remaining on the agreements, this is an unrivalled opening for a sophisticated operator to fully capitalise on Melbourne's high-end guest market. - Independently reconstructed gross turnover by industry specialist accountant McAdam Siemon of $5,149,10
On behalf of the Receivers and Managers of 452HM Pty Ltd (In Liquidation) (Receivers and Managers Appointed) - ResortBrokers presents an exclusive opportunity to secure the management rights to a high quality 18-level hotel only five minutes from Melbourne's CBD. Comprising a total of 309 lots, with 209 being room suites, the business currently has 136 rooms under short-term leases plus 7 additional leases over 'misc' lot types including front desk, offices, carparks and conference rooms. The strata-titled apart-hotel has a wide range of accommodation options and an OC restriction that restricts residents from residing in their lot for longer than 90 days, creating strong opportunity to increase the onsite letting pool. With over 20 years remaining on the agreements, this is an unrivalled opening for a sophisticated operator to fully capitalise on Melbourne's high-end guest market. - Independently reconstructed gross turnover by industry specialist accountant McAdam Siemon of $5,149,10
Request Details