Located in a popular precinct in suburban Melbourne, Clayton Serviced Apartments is a fully established business that's ideal for both short-stay and permanent occupation. This well-maintained, easy to run complex comprises 181 apartments and townhouses and has been a high performing business since inception.

  • Verified net operating profit of $540,999
  • High annual $179,116 Owner's Corporation salary
  • Total 181 units with 87 in the letting pool - inc. 33 in short-term pool
  • Prime location close to Monash University, Hospital / Medical, Business Park
  • Caretaking / Letting Agreements with 23 years tenure
  • Huge upside opportunity with 55 units being managed by external agents
  • No requirement to live on-site
  • Well-appointed operational areas – reception, office, storage, linen room
  • Easy to clean common areas and no communal facilities
  • Includes 3 bed, 2 bath manager's unit (in short-term pool generating c. $45K income) - $650K
    All inspections by appointment
Tim Crooks

Interested? Why not give Tim Crooks a call on 0422 208 450 or