Summary
Summary: Located in the heart of the Dandenong area. This freehold accommodation has around 42 rooms with different types of rooms and private car par...
Net Profit
$1,050,000 pw
Potential
Add 5 Accommodation Rooms
Lease
Freehold or 5x5x5x5x5
Employees
Total staff of 7 (5 cleaners and 2 receptionists)
About the Business
Summary: Located in the heart of the Dandenong area. This freehold accommodation has around 42 rooms with different types of rooms and private car parks. This well-presented accommodation in a prime location a few minutes drive to Dandenong Hospital and the industrial zone. Has been a fixture of the area for the past 5-plus years catering to corporate and regular clients.
About the business: All the rooms offer a fully equipped kitchen, outdoor furniture and BBQ facilities. Each has a lounge area with a sofa, a flat-screen TV and a DVD player giving the guests every creature comfort they could want. Laundry facilities are also provided.This accommodation has demonstrated strong consistent turnover and exceptional profit over a long period and is the perfect opportunity for the experienced operator or those new to the industry looking to purchase a well-established performer.
Key Points:
Built-in 2017
35 Km to the CBD
42 rooms
Fully Under Manage Operation
80% Occupancy
Accommodation Revenue $2.1M per annum
Rental income $900,000 + GST per annum (If freehold purchase )
Easy operation with minimal staff for front office and cleaning
Option to build and add 5 more Rooms
Total staff of 7 (4 cleaners and 3 receptionists)
Easy access to the Dandenong Ranges, Phillip Island, Mornington Peninsula, and Gippsland Easy access from Monash Freeway and Eastlink
Asking Price – $14M (Freehold & Business)
If this is an opportunity that interests you, please contact the agent below to discuss this further. On completion of a confidentiality agreement and discussion, a comprehensive Information Memorandum can be provided.
Dilun Pathirana
Mobile: 0426 291 868
Everest Commercial
Property & Business Brokers
Her Majesty’s Business Centre Level 1, 54 Davis Avenue,
South Yarra, VIC 3141
Email: Dilun@everestcpbb.com.au
www.everestcpbb.com.au
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