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Motel Business Run Fully Under Management In Sought After Location. $1,250,000 (16004) For Sale

Oakleigh, Victoria, Australia
Asking Price:
$1,250,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Accommodation/Tourism
This is an exciting opportunity to acquire a Motel offering affordable accommodation in Melbourne's sought after south eastern suburbs.

Strategically located on a very busy main road, the business is in extremely close proximity to Chadstone Shopping Centre, Monash University, Gipps & Holmesglen Tafe Colleges, Monash Medical Centre, and 3 Major Tournament Golf Courses. The Oakleigh Shopping and Cafe precinct is also a 10 minute stroll from the motel. Traffic passes by at an enormous rate and there is never any shortage of guests.

The motel consists of 25 rooms, a licensed onsite restaurant with seating for 40+ people, and onsite parking for 20.

Key features include:
*Taking $20,000 per week
*Affordable rent at $4,235 per week
*Long lease in place
*Run fully under management
*Open 7 days per week, 9am-8pm (reception)
*Prominent high exposure location
*High occupancy rate during the Covid 19 pandemic

For more information please contact Jeremy Gao
Email: jeremy

Contact LINK Melbourne & Tasmania

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