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.
Impeccably presented this is a superbly located short-stay operation and would be suited to either a hotel-brand repositioning or franchise agreement which would bolster the hotel's presence in this thriving commercial and residential area.
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 prepared by industry specialist accountants McAdam Siemon. The report reflects a reconstructed period from 1st January to 31st December 2025 which was based on 144 leases. As per industry standards this business will be sold on an owner-operator basis, allowing a two-person management team working full-time. These figures are indicative only and all submissions should be made on the purchaser’s own assumptions and calculations. ResortBrokers Asia Pacific Pty Ltd and the receivers and manager’s take no responsibility or liability for the accuracy of the information provided.
The revenue was also adjusted based on the fact the Company has been under external administration which has hampered revenue.
Interested? Why not give Tim Crooks a call on 0422 208 450 or tim@resortbrokers.com.au
