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Leasehold Motel for sale

EAST SUBURBAN COMPLEX

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EAST SUBURBAN COMPLEX
Property Type: Motel Ref: LH001265
Region: VIC - Melbourne  
Suburb: Dandenong  
Sale Type: Leasehold  
Price: $1,300,000  
Contact Agent(s) Jim Chapman  
  P: (03) 9347 3100  
  M: 0413 444 782  
  E: jimchapman@resortbrokers.com.au  
 
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    • 34 x 4 star serviced apartments consisting of 4 studio, 16 x 1 bedroom (inc 12 exectutive) and 14 x 2 bedroom, 2 bathroom apartments
    • Managers apartment is 1 bedroom FSC with direct access to the office/reception
    • Facilities include conference room (40 pax), internet office, inground pool, garden area with barbeque and on site parking
    • Excellent trading history, long lease, fair rent and market review at each option
    • Award winning and highly respected Quest Serviced Apartments franchise
    • Ideal opportunity for an owner/operator as vendors

 

Nett Profit: $324, 724

Turnover: $1,510,195

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