melbourne@linkbusiness.com.au      + (61) 3 9819 4211

Business Display

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

$1,250,000

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

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 from LINK, formerly Klemms on the below:
Phone: 0452 606 199
Email: jeremy.gao@linkbusiness.com.au

Business Snapshot

Price: $1,250,000 Takings: $20,000 p/w

Listing ID: 16004

Overview

  • Listing ID 16004
  • Status For Sale
  • Location OAKLEIGH
  • State Victoria
  • Price $1,250,000

BROKER CONTACT

Jeremy Gao
  Contact Us
  LINK Business Melbourne

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00