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4 Star Apartments Hotel Freehold And Business In Victoria For Sale

Mont Albert, Victoria
Asking Price:
$8,500,000 (AUD)
Sales Revenue:
$860,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

27 Modern Apartments across 3 Levels only built in the year 2016

Newly built with high-end finishes and functional layout
14 security basement car park

Strong catchment with Direct proximity to Box Hill institute, Box Hill Hospital and Box Hill shopping Centre
109 tram at front door direct to Melbourne CBD

14 Km to CBD

Property Information

Real Estate:

Real Property Included

Living Accommodation:

All 27 one and two bedroom apartments are fully furnished with modern fittings and fixtures, including kitchen, laundry, Full size bathroom facilities. with multiple apartments enjoying the benefit of balcony aeras and spacious living areas. this apartment block also features ground floor reception/office and lift facilities.

Location:

Mont Albert

Premises Details:

27 one bedroom and two bedroom Services Apartments with 3 levels and inside left. Smart Vingcard system for all entry and rooms.
Total building Area: 1656 SQM

Size in square feet:
1656 SQM

Business Operation

Expansion Potential:

The property is close to all forms of amenity, including the Box Hill Garden, medical Precinct,Shopping Central, train station and over 175 national specialty retailers.

Competition / Market:

Mont Albert/ Box Hill area only has few apartment hotels and Motel.

Trading hours:

Monday - Sunday
08:30 am - 09:30 pm

Employees:
5
Years established:
October 2016

Other Information

Support & training:

Two to Four weeks training.

Furniture / Fixtures value:
$800,000 (AUD)
Inventory / Stock value:
$20,000 (AUD)
Website:
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