RARE MELBOURNE MIXED-USE MANAGEMENT RIGHTS WITH $540K NOP | Resort Brokers ID : MR008126
(no street name provided), Clayton VIC 3168
$2.7M BUS + $650K RE
HotelSize: n/a
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) - $650KAll inspections by appointment
- 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) - $650KAll inspections by appointment
Inspections
No open inspections scheduled.
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Contact Tim Crooks to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Hotel
Other Details
Property history
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Clayton suburb information
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SummaryMedian sales
Average Age
28 years
Population
18,988
Listing ID: 182406966. This listing has been viewed 0 times. It was first displayed on 28/03/2024 and last updated on 28/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.